WHAT WRONG BITCOIN ? WHY YOU DOWN ?
everyone is panic because of the bitcoin price cuts, in February yesterday the price of bitcoin suddenly dropped dramatically, lots of bitcoin news about people making people afraid to invest in crypto currency, so that interest in bitcoin, investors start selling their coins so that trading volume weakens and makes prices dropped dramatically.
when bitcoin will be normal again? no one knows when bitcoin will go up, although in every year bitcoin prices always rise at the end of the year, will this year rise again? Just look at it later, can you predict when bitcoin prices will rise again, if you have predictions please write in the comments.
some predictions from EXPERT
The First Prediction was made by Tom Lee, one of the Wall Street Strategists, the Bitcoin prospect is a promising long-term prospect. Lee wrote a note to clients of Fundstrat Global Advisors that bitcoin prices from early to mid-2018 would reach over $ 6,000. He also predicts that Bitcoin prices will continue to rise up to $ 25,000 by 2022.
He believes that several factors will cause Bitcoin to rise to more than $ 6,000. One of them is the increase in public adoption in the use of Bitcoin as a store of wealth and financial investment by 50%. Lee said "We see Bitcoin succeeded in obtaining an institutional license and improving the transaction platform, so that public adaptability becomes greater."
Followed by the Cryptographic Options and Futures Options Approval Agreement, first acquired by LedgerX and CBOE Holdings, will increase the volume of Bitcoin transactions as a whole.
Even in the future the Central Bank may also acquire Bitcoin if Bitcoin Capitalization has already reached $ 500 billion, such capitalization would occur if the Bitcoin price had reached $ 30,000.
The second prediction comes from researcher Ronnie Moas shares, he believes that the price of Bitcoin in 2018 will beat the prediction of Tom Lee's target and reach $ 7,500.
The Third Prediction comes from Harvard Academics, that Bitcoin uniquely according to Moore's Law can come to a price of $ 100,000 by 2021.
Of the three predictions above, it is not impossible that the price will reach the level that was never expected before, because Bitcoin is a "People's currency" that can not be contested by anyone, and does not involve "Middle Man" or third parties such as Banking who always get profit from every transaction that happened.