Parabolic bitboin growth has just begun, its value will increase dramatically in the future.
This with reference analyst Matti Greenspan reported Bloomberg. "Bitcoin's parabolic growth is just beginning," he predicts.
The analyst believes that a new "bull" cycle is starting in the market, as part of one large growth cycle. But at the same time possible and kickbacks up to 90%. For example, a winter retreat of 2017 reached 85%. Greenspan noted that the market today is quite positive news affecting the course of Bitcoin.
Global analyst Chris Cohen said that the technical level of cryptocurrency support "looks much better" because bitcoin passed the bull cross for the first time in four years. This happened after a 100 day moving average chart was over 200 days moving average chart.
Cryptocurrency – "Money" virtual. Release, serialization and authentication of transfers using encryption technology. Not recognized by most countries of the world.
Bitcoin – The most popular cryptococcancy. Was established in 2008 (during the global financial crisis).
As reported by OBOZREVATEL, Chairman of the United States Urgent Trade Commission (CFTC), Christopher Giancarlo, said that the cryptocurrency has a future, but they will not compete with the dollar and hard currency.
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