Bitcoin Grew Out Per Day – There Was Hope For Recovery?
Last day, the cost of the first cryptocurrency demonstrated an increase overcoming the mark of $ 4,000. Is it worth of the traders to hope for the recovery of the trenders of bitcoin, or before bull trend is still far? Experts commented on the market situation.
Famous trader peter brandt believees to talk about returning «bykov» it’s too early. According to him, growth is short-term and bitcoin has many barriers. The expert said that in the near future the maximum value that the first cryptocurrency can be achieved, – $ 4600.
The trader is confident that the movement to $ 4000 – only short-term correction. He also explained than downstrend $ 1,200 can be the bottom for bitcoin. In his opinion, such a development of events is likely.
However, the brandt does not exclude and positive prospects for the first cryptocurrency price. Moreover, in his opinion, bitcoin can repeat the december raly of 2017 in the long run. However, first will need to survive the collapse. Prices.
Earlier, experts spoke about the reasons for the fall of bitcoin in 2018. Read more here.