×
There is no denying the fact that 2018 was not at all a good year for cryptocurrencies. Except the first week of January, the prices of almost all the cryptocurrencies continued to decrease. The governmental regulations and ban on cryptocurrency trading were the reasons behind this downfall. In spite of this decreasing trend in cryptocurrency values, many financial institutions and organizations joined blockchain network on platforms.
It is not for the first time that the prices of crypto tokens have decreased. Similar trend also surfaced the crypto world from 2013 to 2015. But, cryptocurrencies not only regained their lost values but also touched all time high values after the recession.
These bearish signs in cryptocurrency world have divided the experts in their opinions. The supporters of the cryptocurrencies are saying that these will, once again, regain their lost values. On the other hand, the opponents are saying that cryptocurrencies have no value.
Most of the crypto experts seem betting on the value of Bitcoin. It is worth mentioning that Bitcoin is the top cryptocurrency. It had touched an all time high value of $20,000 in the first week of January 2018. The then experts were of the view that Bitcoin will replace US Dollar in international trade.
But, the ban on cryptocurrency trading in the world’s largest economy China caused the downfall in their values. Nowadays, Bitcoin is struggling around $3500 for the last week. It is the lowest value of Bitcoin in the last 16 months. This means that Bitcoin value has decreased 80% in last one year.
The deep plunge in Bitcoin price has created doubts in the minds of financial experts. Most of them are doubtful over whether Bitcoin will regain its market turn around or not. Crypto analysts have different opinions on this. If we analyze the forecasts of high profile crypto analysts, Bitcoin price seems ranging between $0 and $36500.
👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it. What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.
Bitcoin cash founder Calvin Ayre and Fundstart co-founder Thomas Lee are the top analyst to forecast Bitcoin price. Ayre is of the view that Bitcoin has nothing valuable and will crash down to $0 in 2019. He says that it has no utility because it uses old blockchain technology. Calvin also says that many other cryptocurrencies will surpass Bitcoin. This is because these utilize the latest blockchain features. In simple words, he seems supporting Bitcoin cash.
It is also worth mentioning that a global transaction takes 10-20 minutes for process in Bitcoin. But, the same transaction takes seconds to complete in many other platforms like Bitcoin cash and Ripple (XRP). Being the oldest cryptocurrency, Bitcoin uses basic blockchain features.
On the other hand, Mr.Lee seems negating the forecasts of Calvin Ayre by saying that Bitcoin will touch $36500 in 2019. He says that Bitcoin had proved optimistic in the past. Here, it quite surprising that Lee had forecasted Bitcoin’s price to hit $15000 in the end of 2018. He seems quite fearless at his forecast proving wrong. This is why he once again forecasts that Bitcoin will hit $36500, an all time high value for the token.
The analysts with positive views on Bitcoin’s value take in view the latest developments in blockchain technology and cryptocurrencies. Blockchain technology seems revolutionizing the businesses in future due to its latest developments. Only one analyst considers Bitcoin undervalues.
Due to this decrease in Bitcoin’s value, Olver Isaacs suggest people to buy the cryptocurrency. He is of the view that it is the right time to buy Bitcoin. Olver Isaacs is a blockchain advisor. Isaacs sees no betterment in the surrounding structure of Bitcoin.
Keeping all this aside, we can say that blockchain and cryptocurrencies have a special place in our future lives. Crypto experts consider 2018 a maturation year for the cryptocurrencies. They hope that the crypto market will get volatility and 2019 will bring many new blockchain products.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
0 Comments