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Analysts predict a decline in the prices of bitcoin to $1500

FXcoins - Analysts predict a decline in the prices of bitcoin to $1500

Analysts at Bloomberg Intelligence (BI) believe that bitcoin will "drop below", and some experts have started calling it "cryptocurrency in winter," reports Bloomberg.

 

Bloomberg says that BI analysts are predicting that the price could drop to $1500 - even at 70% from the current price of the coin.

 

The founder of hedge Fund Travis Kling says that he is pretty worried about the mess in the markets of digital currencies due to the recent hard forks of Bitcoin Cash. According to him, "it is difficult to assess the negative impact of hard forks of Bitcoin Cash, which can affect the entire cryptocurrency market".

19 November 2018

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