Wednesday 6 March 2019

Will the bitcoin rise again? Some BTC estimates for the year

The price of Bitcoin (BTC) in 2019 was characterized by fluctuations that made it difficult for experienced analysts to predict prices in the short term.

Some bull forecasts for Bitcoin (BTC)
Millionaire Bitcoin Tim Draper believes that Bitcoin will be the most popular currency in 5 years.
Vinny Lingham, CEO of Civic Crypto, says Bitcoin will worsen before making a race for the better.
Sonny Singh, the business director of the Bitcoin cash processing company Bitpay, believes that Bitcoin will reach $ 20,000 by the end of 2019.
Fran Strajnar, CEO of cryptographic research company Brave New, expects the price of Bitcoin to reach 200,000 by January 1, 2020.
Arthur Hayes, the CEO of Bitmex, was expected to reach 50,000 in 2018, but the bear market forecast has changed dramatically.
Speaking at Davos' global Economic Forum in January, Jeet Singh, the manager of the crypto currency fund, predicted that Bitcoin's prices would rise to 50,000.
Bear scenarios
Many feared that Bitcoin would drastically fall if the miners decided to give up Bitcoin because of the difficulties and losses in profitability.

The foresight of Hardvard Economist Kenneth Rogoff is based on his long-standing belief that governments will oppose anonymous cryptographic currencies such as Bitcoin. According to Rogoff, government regulations will break the Bitcoin bubble, but Wall Street pioneers are thinking in many different ways.

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