The price of Bitcoin has recovered largely from his Corona losses. Crypto-Enthusiast Simon Dedic even believing that a new bull market in the course of which the Bitcoin climbs to 150’000 dollars.
• Crypto-Analyst expects new bull market
• No mania as of 2017
• Selected crypto-currencies are likely to extremely increase
Some crypto-Fans to have the Bitcoin as a safe haven for times of crisis and, therefore, as an Alternative Gold advertised. However, from the Corona Crash, the world’s most popular digital currency was not spared and lost more than half their value. After these losses are, in the meantime, get back almost fully up, gives Simon Dedic on Twitter is extremely optimistic for the further development of Bitcoin.
Not all will benefit
Dedic, the co-founder of Blockfyre, a company specializing in the analysis of cyber-currencies. As the self-professed crypto-his enthusiasm in a recent Tweet, he assumes that a new bull market is imminent.
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However, Simon Dedic makes it clear that the Situation was entirely different than 2017, as a rule, the rights of crypto-mania reigned. Driven by a media-Hype, a Boom in ICOs (Initial Coin Offerings), and a FOMO effect (=fear of the investors to fit a good opportunity) was climbed for the Bitcoin at the end of December 2017 on an all-time high of around 20’000 dollars. Back then, you could really buy any crypto currency, and it would have been a good Investment, Dedic. This will not happen again, he warns.
Optimistic for solid Altcoints
Although the crypto-Analyst is convinced that the bull market will return, however, the entire crypto market, but only a few of the selected, solid Altcoins would then grow at a strong rate, it means in his Tweet.
In 2017, you could have bought literally any old and it was a good investment.
Imo this won’t happen again.
However, I still believe that the bull run will return, pumping the few solid alts out there.
Predictions:$BTC $150k$ETH $9k$LINK $200$BNB $500$VET $1$XTZ $200
– Simon Dedic (@scoinaldo) June 4, 2020
He predicts, for example, that the Bitcoin will rise up to 150’000 dollars. That would be a Plus of around 1’472 percent compared to the current value of 9’539,39 Dollar (Stand: 16.06.2020).
In the case of some other Internet currencies, he expects even stronger growth: this is how he sees Ethereum to 9’000 dollars (+3’760 percent), Chainlink on $ 200 (+4’925 percent) and VeChain even 1 Dollar (+10’816 percent) of climbing.
Editors ‘ finances.ch
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