The cryptanalyst: trading with Bitcoin will turn into "turbulent waters". What does it mean?

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2019-01-21 16:15:18

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After 2018, more and more investors expect the beginning of growth phase this year. However, some well-known cryptanalysts about the danger of unrealistic expectations regarding the niche. The cycles of market movements though again but it is not always possible to predict with sufficient accuracy.

Co-Founder of Augur Joey Krug recently gave a very pessimistic interview with Bloomberg TV. Well-known investor said that in 2019 trading Bitcoin will be more like «turbulent flow». In other words, traders should prepare for sudden price spikes and falls of the main cryptocurrency.

How not to lose your money for Bitcoins

The Coming months will not surprise, cryptocommunist «explosive growth», but with the price increase of Bitcoin you can still count on. However, the road to tutumunu will not be easy. Not excluded the new plum home cryptocurrency, which can knock out a huge amount of longs.

Statements of Circle almost coincide with the point of view of the analyst Murad Makhmudov. Earlier, the expert suggested that it was a new fall of Bitcoin down to $ 1,800. He also repeatedly announced excessive overvaluation altcoins like , and .

Joey Circle still «optimistic» regarding the long-term future of the main cryptocurrency. He recommended that all investors «moving on» and focus on global goals growth coins. It is possible that the next trigger next bullrun of Bitcoin will be in 2020.

Source: Bitcoinist

In any case, in 2019 will be rich in new developments and improvement of the fundamental background around Bitcoin. We are waiting for mass adoption of solutions like that will help to increase the popularity of digital assets in the world. And up to this point is how to prepare for bullrun on the advice of our own .

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