Bitcoin and all other currencies showed an improvement in their values. These values are again moving to their highest values as they were in the near past. But now everyone thinking where all this will stop and how much time it takes. These are the questions moving in the market about the predictions of cryptocurrencies. But the good thing is cryptocurrencies has made a comeback and give again hope to the investors.
As Bitcoin shows growth from last weeks and month. Again investors show interest in its buying and selling. Crypto traders gets hope as price goes up from $3200 to $5000 Approx. In The Dec 2018, it was at the lowest of approx 3200, in Jan 2019 it lowest price was approx $3350. In Feb, March and April show growth and now its $5010 till now and it's expected to go much higher and maybe touch $6000 soon.
Some people consider the change of currencies price or value is unexpected and its a sudden change, but it's not that. The rise in the price of cryptocurrencies was predicted earlier by the experts in the past. That the prices will rise in 2019 and reach their highest level. So it's not an unexpected thing that happens and it will still show progress and goes higher than this position. Below is the expert's opinion that what they have said about the rise in the price.
Ronnie Moas@RonnieMoas
(9 Sep 2018)
Sad to watch the top 1% scare the crap out of you | separating you from your $BTC #bitcoin & keeping the gap between rich & poor | Reiterating $28,000 target for end-2019 | Do Not take a bet you can't afford to lose | I surround myself w/ #brightest minds & they all agree w/ me
Vinny Lingham: $20K bet on BTC NOT hitting $28,000
(9 Nov 2018)
CEO of CivicKey Vinny Lingham doesn't agree with that price prediction of Moas. During a conference in Las Vegas in November 2018, the two experts placed a $20,000 bet on the price of Bitcoin in 2019. Where Moas predicts BTC will be worth $28K by the end of 2019
Sam Doctor@fundstratQuant
(10 May 2018)
We believe breakeven mining costs provide a support level for $BTC, as #miners - main natural #Crypto sellers - reduce selling at low $BTCUSD price. Based on expected computing hashpower and breakeven cost growth, that could imply #Bitcoin price of $36,000 by the 2019 year end.
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