the The price of Bitcoin is not tired, scratching at the 4,000-US-Dollar-brand. But in the long term by breaking the leading cryptocurrency by market capitalization, couldn’t this brand so far. Analysts are divided: Is over of the crypto Winter is coming soon, when it goes uphill soon? Or it is still frosty and all of the BTC Hodler need to wrap up warm? And what about the Altcoins? An Overview.
By Phillip Horch
14. March 2019BTC$3,895 thousand,22 -0.35%part Facebook Twitter LinkedIn xing mail
first Of all: Bitcoin price predictions, take a look in the future, however, dine in only from data from the past. Therefore, a Problem arises in the nature of the thing: you can always fail. Whether Bitcoin is soon at 1,000,000 U.S. dollars, or to the Level of nine years ago, back drops, no one can say with definite accuracy. However, there are some indicators where you can hold on to. If you want to.
a lot of bids due soon scenario: The price of Bitcoin will fall
The media company Bloomberg writes on the 12. March: „The current rally of Bitcoin is losing momentum.“ Accordingly, the purchase of declining demand for the Cryptocurrency in the long run. „Increasing sales pressure“ here is the speech. The main reason that the Bitcoin Moving Average Convergence Divergence indicator (MACD) is falling since mid-February, steadily. The MACD compares the ratio of three moving averages (more on this here), and you can point to the strongest Bull Run in a year.
Bloomberg argued further that the average daily increase in BTC case since February. In addition, he will fail again and again to the 4,000-US-Dollar-brand, what is the crypto-currency continue to come under pressure. So, it sums up Bloomberg Analyst Mike McGlone:
The complete industry is ready to take a path of lower rates. The conditions are similar to those in November, just before the collapse. The courses will consolidate in closer intervals.
Still, It remains a matter of perspective. After all, the Bitcoin has rate in the last three months by twenty percent.
Bullishes scenario: The price of Bitcoin will rise
the Situation is Very different looks Omkar Godbole from Coindesk. He believed that two moving averages a „Golden cross“: The MA50 could exceed the MA100 soon and the first Bull Run for a long time to initiate. Accordingly, it could (and should) BTC soon, the 4.236-US-Dollar-brand of 24. December is exceeded, so that it goes right back uphill. The risk of nearly 600 U.S. dollars is deeper: When the to 3,658 dollars-brand fall below the bears could take apart the cops completely.
Interpretation of the conflicting predictions
At first glance, to contradict the predictions of Bloomberg and Coindesk is striking. One is inclined to say, according to Dr. Julian Hosp: „It could go up, but it could also go down.“ In principle, it is also true that With a technical analysis investors come to a reasoned evaluation, but not to say a future advance.
However, one must see here the different viewing approach: Bloomberg looks at the recent developments and the Bitcoin price in the daily chart, while the linked article focuses on the long-term developments. And here we see quite an opposite behavior. In the daily chart the MACD is falling while it rises in the weekly chart:
Overall, one could come to the following conclusion: in the long term, the foundations for a positive development are Bitcoins, however, you should not expect, on the Basis of immediately in the morning of the great Bull Run. As in a different analysis, takes a good thing while.
Beyond Bitcoin: views on Altcoins and STO
Bitcoin price or not: Even if it is in the case of BTC, the leading crypto-currency by market capitalization, at the crypto market is still a whole range of other possibilities, gains, fish.
first of All the Altcoins. For example, the price trends of Litecoin, Binance Coin, Tron and Maker of the slide have the average of the last 200 days have already passed. Here are a variety of ways of skimming off profit offered in the past.
Just look at the relatively new investment opportunity, the Security Token Offerings (STO) offer Alternatives to BTC. Accordingly, the STO from the house of Bitbond has raised alone on the first day of a Million euros and is thus already in the second round.
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