At current levels, Bitcoin price fell 46% from its annual maximum. As the year 2019 draws to a close in less than 48 hours, many experts have taken the bullish stance on pricing for the new year.
The Diar report presents interesting stats which suggest that long-term investors still continue to hold their BTC holdings undeterred by the market correction.
Though the crypto community doesn’t have a single opinion about the future of the market, some experts believe that BTC will go up.
While some traditional investors try to discourage people from investing into cryptocurrencies, Mike Novogratz believes that investing in crypto is a must.
Analysis of the Bitcoin mining cost metrics conducted by Fundstrat’s quantamental strategist has led the market research firm to predict an upcoming rise of the flagship cryptocurrency.
Goldman Sachs has published answers to FAQs about cryptocurrencies as it’s getting harder for institutional investors to ignore their rise.