empty
 
 
19.01.2022 12:42 PM
A burst bubble or a rise above $ 200,000? The price of bitcoin is steadily falling while crypto experts are arguing about the future of the cryptocurrency

At the auction on Wednesday, the value of the main digital coin continues to decline. So, at the time of writing, BTC lost 1.18% and is trading at $ 41,779. Despite the permanent price reduction, the virtual asset was able to stay above the round level of $ 40,000 against the background of large-scale pressure on traditional financial markets. However, cryptanalysts are confident that soon bitcoin will not withstand strong pressure and will fall below this local support.

This image is no longer relevant

Leading altcoins hastened to adopt the trend of the first virtual asset and began to actively decline after it. And at a faster pace than Bitcoin. So, during the day, the Ethereum cryptocurrency lost 2.85% and today is trading at $ 3,106 per coin. Altcoin Binance Coin sank 2.26% and is worth $ 436. The total capitalization of the crypto assets market lost another 1.4% and dropped to $ 1.97 trillion. At the same time, the share of Bitcoin in the total capitalization has grown to 40%.

Chaos and confusion in the virtual asset market are increasingly forcing experts to express their opinion about its future. Often these opinions turn out to be opposed.

So, analysts of the American investment company Invesco said that in the coming months, digital gold will continue to decline, and it may fall to the $ 30,000 mark by autumn.

More pessimistic experts say that the spectacular decline of Bitcoin in recent months (-40%) signals the "deflation of the bubble" of digital assets against the background of a strong overheating of the market in the wake of the hype.

At the same time, representatives of the bitcoin supporters' camp still believe in its bright and happy future. So, crypto enthusiast and TV presenter Max Keiser is sure that in the coming year BTC will grow to the level of $ 220,000, which he could not reach in the past year due to the mining crisis in China.

Keiser believes that the current decline of the first cryptocurrency is a temporary phenomenon associated with the derivatives market, and Bitcoin has a large-scale growth ahead against the background of the weakening of fiat money.

Investment analysts at Fidelity Digital Assets agree with the American TV presenter and argue that soon states that dispute the importance of digital assets will be forced to think about buying them as an insurance tool. According to experts from the cryptocurrency division of Fidelity Investments, 2022 will be the beginning of the adoption of BTC by the largest countries in the world.

Irina Maksimova,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $8000 अधिक!
    में मार्च हम आकर्षित करते हैं $8000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback