The latest situation at bitcoin
Bitcoin and crypto currency bulls have pushed up Bitcoin prices and the crypto market in recent months, helping to see the year’s highest levels. Digital money recovered some of its losses after an unfortunate 2018.
Bitcoin prices doubled in the first half of 2019, rising below $ 4,000 to over $ 8,000. The fact that global technology giants and major retailers started to deal with Bitcoin was effective in the rise in crypto currencies.
Now, a former Wall Street executive warns that Bitcoin’s long-running bear market – called the “crypto winter nedeniyle because of its shocking impact on the market – may not be over yet.
V I don’t think Bitcoin and the crypto money industry is getting too much money from outside, Tone warned investors in the recent rally, interviewing former bank analyst at US bank JPMorgan, Tone Vays, with Bitcoin and the cryptographic currency news site Cointelegraph.
However, Vays reiterated his earlier view that “everyone should have some Bitcoin ve and added that Bit Bitcoin cannot go below 2,000 dollars at this point”.
Bitcoin and crypto currency investors are divided in two directions about the direction of the market after this year’s strong uptrend. Some expect that prices will increase after social media giants step up, while some experts say that this year’s earnings are high and the correction process is inevitable.
Bitcoin and crypto currency millionaire Erik Finman said earlier this week that he thinks Bitcoin will return to the all-time peak of $ 20,000 before 2020 if the market records some stages.