A specialist in real estate and cryptocurrency investor Eric Dalius talked to the representatives of the Bullion Tech. He noted that Bitcoin has very big power, even despite all the skepticism and fall courses. In his opinion, the next bullrun may be about to begin. Bitcoin from the start established itself as the most volatile asset. In its history, since 2009 it 5 times already collapsing by almost 90 percent. And each time, the experts claimed that Bitcoin is now definitely over and the cost should fall to zero. However, the first cryptocurrency again and again rose from the ashes.
At the end of last year, Bitcoin has broken a new historical maximum and reached 20 thousand dollars. However, at the time he was highly overrated because of the hype and FOMO. Therefore, again followed by collapse.
During 2018 the coin again lost more than 80 percent from its previous high. And again, Bitcoin is compared with a lottery ticket, whose value can not exceed one hundred dollars.
As written by Bitcoinist, many analysts believethat cryptocurrency has bottomed, and investors are already purchased at lower levels. Others claim that the coin will fall further. It is impossible to say for sure where the price will go.
However, the assurance of Daliya, now one of the best times to invest in Bitcoin. And his predictions is not unjustified if we analyze the historical performance of Bitcoin.
The following Bullen’s about to happen
Dalius bought quite a lot of real estate in the USA just because of the profit with the growth rate of Bitcoin. And Yes, he’s one of those who managed to purchase a Lamba and firmly believes in cryptocurrencies even in a falling market. The expert does not agree with the definition of Bitcoin as a lottery and is confident in a strong future based on a scenario from the infrastructure.
While one of the main triggers for a reversal of the downtrend, he believes the launch platforms for institucionales, including Bakkt and Nasdaq.
So far in this direction there are some hiccups, but it is obvious that bullrun will happen. But when? Find out in our cryptodata.
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