Expert: Bitcoin will rise to 250 thousand dollars
Source:
One of the first investors in mark Jeffrey announced a very optimistic forecast on which the price of the home cryptocurrency will peak next bullrun in the area of 250 thousand dollars. To take such a high bar Bitcoin will not prevent even the most bearish trend in its history.
theReturn Bitcoin
Yes, now we can be at the peak of the same «cryptogamy», but it will end sooner or later. About this Jeffrey said on air podcast, The Next Billion Seconds.
I think this whole situation is very reminiscent of the late nineties stock market bubble of the dot — com collapse and the fall of the shares.
However, between the period at the end of 2017 and early days of the dotcom growth can hold a clear parallel. Then the investors are in fear of miss «the best opportunity in my life» also sold at home and valuable property to invest in stocks more money. Finally, after realizing the futility of their investment, they panicked, which marked the beginning of a long downtrend in the stock market.
However, kryptonyte similar processes occur with different speed.
So the rise and fall of the dot-com took about four and a half or even five years. The stock market went through a similar cycle in just six years. So everything is much faster.
«Kryptonim» lasts for more than a year, so its early termination may occur in the coming 6 months. However, Jeffrey warns that this is only the beginning for Bitcoin.
Source: Bitcoinist
This is not the end of the story. It is the second part of the second act. Epilogue — return of the Jedi, but we have not yet come to him.
Not To miss bullrun, be sure to subscribe to our . Also this will help that shows fresh courses favorite coins and other projects.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
Rally Bitcoin — deception. Well-known economist advises to invest in gold
Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...
Related News
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in...
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Lightning fast payments: as Lightning Network popularitybut on Twitter
About Lightning Network had a lot in 2018, because the network for a very short period of time have significantly increased their capacity. At the moment, its value already exceeds 659 , or approximately $ 2,42 million at the curr...
Fundstrat: in 2019 the fundamentals of Bitcoin needs to go into growth
And although the lethargic behavior of the stock market last year has spread and by the beginning of 2019, the analysts slowly Wake up. Besides Friday's sharp momentum fueled hope. Take new York-based investment-consulting firm, F...
Old song: Craig Wright once said that he is the real Satoshi Nakamoto
principal investigator nChain Craig Wright again made a public statement that he is the Creator . Recall that Wright is included in the small «suspected», who really could be Satoshi Nakamoto. Another «trick» C...
The representative BlockTower: fast new scriptactive not displace Bitcoin
Managing partner of investment group BlockTower Ari Paul did tweet an intriguing statement. In his view, Bitcoin as an asset means much more than the blockchain. Industry insider, formerly part of the University of Chicago and Sus...
The charm of halving: as cuts in rewards for Litecoin block will send the coin to the moon
after About 179 days to go through the procedure of halving — miners will start to 12,5 LTC in one block instead of 25 LTC. Many experts consider this event to be a factor for the growth of the asset price. They also speak about t...
The vision of Satoshi implemented. Bitcoin already has become famous all over the world
created in an attempt to get a new world currency that would deliver people from financial intermediaries and allowed to transfer processing of transactions, completely decentralized peer to peer network. It helped to get off the...
From November 2018 the ICO sold 750 thousand esters. Will fall?
11 Dec 2018 the members of the teams sold 39 thousand ETH. The number 14 on the market threw another 45 thousands, well, 17 Dec — 33 thousand coins. In the second half of last year, such amounts were rare, but in November and Dece...
The Ethereum struck a local downtrend. Will growth next week?
Recently, the price soared against the dollar. Trading a pair of ETH/USD is still under the control of the bulls and preparing for the continuation of the uptrend. The long-term growth is possible. However, for this Ethereum need ...
ICE CEO: start Bakkt just take place in 2019
the CEO of Intercontinental Exchange (ICE) expects to start trading platform in 2019. About Jeff Sprecher told during the announcement of the results of the next reporting period of the company. In a video conference manual ICE re...
February is slowly approaching its middle, and along with it comes cryptobiina. Friday niche pleased with the significant growth that has led analysts to talk about the end of the bear market. During the week there were some other...
Unbelievable boldness: who wants to increase the maximum number of bitcoins?
21 — a sacred number for each Bitcoin-maximalist. It so many millions of coins BTC will be mined only, and that this figure appears in many articles and news about . But what if 21 million bitcoins is too little? To such conclusio...
Cryptographer from Harvard believes that cryptocurrency is useless. Why?
According to researchers from Harvard Bruce Schneier, crypto currency is not useful to anyone but fraudulent groups and individuals. In his opinion, they just transfer large sums of money and do not want to be noticed by the gover...
A new hope: grow Bitcoin to $ 4000?
Friday, the capitalization of the stock market increased by $ 10 billion and continues to grow. All the major coins, including , and , have risen to several percent. The main cryptocurrency after a relatively long flat finally set...
Bitcoin futures the CBOE and CME fail. What's going on?
a New study TradeBlock shows that during the peak in the summer of 2018, the aggregate volume of trading almost reached parity with the performance of spot markets in five major US exchanges. However, since the volume of trade has...
Trader: the rise of Bitcoin 10% opened the way to new bullrun
on the Eve suddenly jumped up by as much as ten percent after a few weeks of activity of bears in the market. The main crypto currency broke through a major resistance zone in the area of $ 3,500. Rebound of such power aroused the...
Prohibited content: unknown published in the Bitcoin blockchain SV child porn
again appeared on the bands West of the crypto media. At this time the project Craig Wright is accused of distributing child pornography. One of the users BSV posted a picture in the blockchain cryptocurrencies. «Discovery&#...
The number of Bitcoin transactions has jumped to the level of January 2018. The market comes alive
According Transactionfee.info daily volume of transactions on the network increased to levels January 2018 — shortly after the main price of bitcoin has reached 20 thousand dollars. According to some key players in the industry, i...
Comments (0)
This article has no comment, be the first!