Bitcoin price makes massive gains moving closer to its crucial resistance of $7000 level. Crypto analysts call this a beginning of the new bull run in the market.
Bitcoin bull and Fundstrat analyst Tom Lee believes that crypto winter is already over and Bitcoin is preparing to reach new highs in 2020.
Mr. Lund notes that if we continue to focus on the utility of Bitcoin (BTC), its price will surely surge northwards creating much higher liquidity to be considered by big organizations.
Bitcoin pioneer, Mark Jeffrey, who published “Bitcoin Explained Simply” (2013) and “The Case For Bitcoin” (2015), bets that Bitcoin will multiply surpass the earlier highs seen towards the end of December 2017.
While some remains optimistic about the current market decline, crypto-naysayers take this occasion to sentence Bitcoin and the rest of crypto-waggon to death.
On December 17th, 2017 the price of Bitcoin neared $20,000. Optimists hoped that was just the beginning. They were right: that was the beginning.. but maybe the beginning of end? Check out how BTC performed in 2018 and what is likely to hide in 2019.
At the end of the year, we’ve put together a list of the biggest predictions made by blockchain and crypto enthusiasts, revealing which loud forecasts failed and which turned out to be true in the expiring year.
An Ex-Goldman is among the few notable investors remaining positive on the crypto markets. He holds his ground in spite of other institutional investors exiting the crypto space.
According to cryptocurrency bull Tom Lee, Bitcoin is underestimated, and its fair price should be about $10,000 above where it is trading now.
The Famous Wall Street Analyst Tom Lee, who is very well-known with his significant role in Blockchain economy and definite predictions on Bitcoin prices, is coming to Istanbul.