BTC price forecast: going down or to the Moon?

BTC price forecast: going down or to the Moon?


Hello!
I’m Alice Amber.
You’re watching Crypto market news.
Bitcoin has lost about 30% in one week and
dropped below $4 500 for the first time in
more than a year.
The price sell-off began last week provoked
by fears around the Bitcoin Cash hard fork.
As a result, BTC market cap has now fallen
to $76 billion.
But the bearish trend didn’t come as a surprise
for some analysts and opinion leaders.
A computer security pioneer and crypto enthusiast
John McAfee says that there’s no need to panic.
Bear markets are like winter.
It’s always followed by a spring.
Meanwhile, a founder of financial advisory
group deVere, Nigel Green predicts a $20 trillion
cryptocurrency market and a decline in Bitcoin’s
dominance in the next 10 years.
He also said that volatility was back and
many savvy investors would be using this as
a major buying opportunity, perhaps the last
one of 2018.
Four years ago with Bitcoin at only $413,
venture capitalist Tim Draper predicted BTC
to reach
$10 000 in three years.
This was fulfilled a month earlier than he
had forecast.
His current prediction is $250 000 by 2022.
So will Bitcoin continue to fall or go to
the moon, in your opinion?
Leave your comments below.
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I’m Alice Amber.
Goodbye.

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