Bitcoin is among one of those digital currencies that fluctuate a lot every week; Cryptocurrency analysts are mostly able to predict the ups and downs, but these cryptocurrencies can go up or down when no one predicted it. 2018 has no doubt treated Bitcoin broadly, but 2019 is expected to be “the year” for Bitcoin.
The technical analyst and founder of TradingAnalysis, Todd Gordon, predicted that Bitcoin will reach $ 10,000 in 2019, and that in the coming months it will also reach $ 4,000. During the interview on CNBC on June 22, Todd predicted a rebound of bitcoins by 2019. He told CNBC that this is a “trading market” where playing in the short and long term will pay off, according to Live Bitcoin News.
He also joked with Gordon during the interview when he suggested that Bitcoin could reach $ 4,000, which is the lowest ever predicted by an analyst. Gordon is not the only one talking about the prices that Bitcoin will reach in the coming months. Fundstrat market research and industry strategy CEO Tom Lee believes it will reach $ 25,000 by 2022. An even more bullish statement from Twitter fool John McAfee was that Bitcoin will reach $ 15,000 by the end of June 2018.
Last week, the CEO of The Blackmore Group, a real estate investment house, Phillip Nunn, predicted that the value of Bitcoin would reach $ 60,000 by the end of this year. He is not the only one to present these bullish predictions since the fall of Bitcoin. Many other CEOs and entrepreneurs have claimed that the value of Bitcoin will gradually increase over a period of a few months and show unexpectedly high rates towards the end of 2018 or the beginning of 2019. Todd, on the other hand, has predicted the lowest value that Bitcoin could reach. at the end of this year and at the beginning of the next.
Bitcoin has fallen drastically in recent months as previously reported. With this continuing decline, most analysts expect Bitcoin to reach $ 5,947 in February 2019. Some enthusiasts like Phillip Nunn expect Bitcoin to reach $ 60,000 by 2019, while other analysts such as Todd believe it will only reach $ 10,000. . Only the future can tell where exactly Bitcoin will be in the next 5 months.
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