When Bitcoin will stop falling? The opinion of Russian experts
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Last week, the Bitcoin price began to fall rapidly, never breaking above $ 7,500. This morning, the cryptocurrency is trading at $ 6950. gathered fresh Russian experts ' forecasts about future developments.
theWhere will the price of Bitcoin
Director investment international network of experts and investors for the digital economy Cryptolife.World Mansur Guseynov sees no reason for a new drain crypts. At the same time on the market is not active buyers, which could push prices up.
Although a downward trend is clearly weakening, but the growth of the forces of the market either.
Huseynov does not exclude a gradual decline to previous support levels. If Bitcoin will stay above $ 6,700, price may renew its annual minimum.
Recall, the last time the coin was trading below $ 6,000 at the end of June. This is now the index of dominance of Bitcoin is approaching a record value over the last eight months.
Altcoins also reacted to the fall. On average, each coin of the top 10 lost about three percent of its value. Worse of all has shown IOTA — cryptocurrency fell by 10 percent in the past day.
Although Bitcoin fundamental reasons for growth, the last draining, likely to have been a reaction to the news about the reception of the crypts at Starbucks.
What's next? Try yourself in the role of experts and share your own forecast .
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