How much will the Bitcoin to the end of 2019? Response COO BitPay
Source:Chief commercial officer international cryptoprocessor gateway Sonny Singh gave a short interview to Bloomberg. He ventured to suggest that Bitcoin by the end of next year will rise to 15-20 thousand dollars. In the midst of a bear market, when a coin has already lost more than 30 percent, Singh heralds the next bullrun after startup investment platforms and Fidelity .
According to Singh, the arrival of these financial giants could potentially spur the growth of Bitcoin prices. In addition to running cryptocurrency traditional financial products corporations, he also pointed to structural changes in the stock market. In particular, they talked about the upcoming IPO and kleptomanka Silvergate.
Writes Cointelegraph, BitPay amazing COO predicts 2019, especially after Bitcoins from Blackrock and VanEck. The output will also give the stock market a new life and open access by large institutional players. Singh did not forget to mention about altcoins.
Night and day – different things. Also different from Bitcoin alternative cryptocurrencies. Bitcoin is the 800-pound gorilla with the most powerful network effect […]. That is what first attracted by traditional Finance company. As for the rest of scriptaction, altcoins… I don't even know what will happen to them.
Recalling the ICO sector, Singh said that the intervention by the SEC does not Bode well for Cryptoprotected.
By the way, in the third quarter of this year, the ICO only $ 1.8 billion. At the same time, no matter how good the predictions of Singh, in January of next year.
Today the Bitcoin exchange rate is at a level of 4270 dollars in capitalization in 74,24 billion dollars. More data to search for .
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