ETH undervalued-statement from Buterin $ 1000. Daily bitcoin exchange rate forecast and cryptocurrency market analysis for 21.03.2009
Today, the cryptocurrency market provides us with increased volumes of 34 billion dollars. Volumes are increasing slowly. Now we have the potential to increase volumes in BTC, ETH. But you can not focus on the volume because they can be different up to artificially created. For example, QTUM previously had volumes of 2 000 000 000, now 400 000 dollars and this did not affect the exchange rate. Many factors affect the price of the coin. Not affected by only one single factor is the volume. Trading only in volumes is not quite correct and wrong.
Pay attention to Ontology!
Gainers we have this Ontology he upward trend, mood and she has grown up well. Just pay attention to the Ontology Gas its price will be$ 1 in the near future. This coin will show a good growth from 70-100%. Since it is directly related to the main coin.
As for bitcoin, let's see what we had. Bitcoin was sliding to the $ 4000 mark, but this level is held. The uptrend is very uncertain and it is very difficult to talk about any direction. But if the movement below the MA100 you can punch becomes for sale. It seems that the big players keep us in a narrow channel. At the time of writing, BTC began to decline. Trying to break the market. As for the positions of long and short, they have changed dramatically. Long increased and short decreased this suggests that you need to shave, punish Long and lower the market down.
As for ETH, Buterin said that ETH needs 100,000 transactions per second and such scalability as now can handle only 15 transactions per second. These are very positive statements. If this happens, it will be a new surge, the growth of ISO, in consequence of which new capital will go to the cryptocurrency market. It will be very promising and interesting. This is necessary in order to inflate the bubble that we are now blown away. We need to remove the unnecessary slag of cryptocurrencies, which is absolutely meaningless and this should help reduce BTC to critically low levels of 1500-2500. These markers will turn off the miners who mined BTC, but not all. Does anyone have free electricity or a very low energy price. But I believe such levels will not be a bluff, we are trying to intimidate it. Important key news is close and we can say that the bottom is near or somewhere near within $ 3000, when it is reached, it will give the final accumulation of capital, exit to the side movement with a gradual constant upward movement and a sharp push up after reducing the reward for BTC in may 2020.
As Buterin says 2018 was a period of action and development for ETH, but in fact we did not see these works, maybe for the better when it will shoot and show itself stronger. Development for ETH is essential it will help in the development of the entire crypto world. People underestimate the management of ETH it will certainly rise in price in the future. Is the Bank will offer you such%, which will make reliable BTC and ETH! Meanwhile, a new solution recognized to facilitate the acceptance of payments in the Lighting Network will provide fast transactions in the BTC network, thus making it even more attractive. Bitcoin will have a lot of transaction. BTC will remain in the first place, no one will move it. You need to think always before and think for the future-BTC will always be!
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