Co-founder and CEO of the BitMEX cryptocurrency trading platform Arthur Hayes (Arthur Hayes) gave his forecast for the price of Bitcoin : in his opinion, the BTC rate by the end of 2019 will return to $ 10,000.
Heys is confident that in the second half of this year we will have to wait for the recovery of the entire cryptocurrency market, which has been in a state of crisis since the spring of 2018.
Digital currencies will begin to rise in price closer to the fourth quarter, at the same time the BTC coin has a real chance of overcoming a very important milestone of $ 10,000, the general director of the BitMEX platform believes.
Heys stressed :
“In 2019, growth will be intense, and Bitcoin will return to $ 10,000. This is a very significant psychological threshold. Bitcoin will finally recover when it returns to $ 20,000. "
Another expert and supporter of Bitcoin Tom Lee holds a similar point of view. In his opinion, the BTC rate will grow and will return to $ 20,000 also very soon. The largest coin will grow due to the weakening of the dollar and the exit of investors from traditional assets in the form of raw materials and fiat currency.
At the end of this week, the main digital currency is trading at $ 4,016. Analysts recorded a decline in the BTC domination index, which now stands at 50.6%.
Publication date 03/24/2019
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