empty
 
 

Forex Analysis & Reviews: To new victories: Bitcoin is in a growth phase
time 03.09.2019 11:19 AM
time Relevance up to, 04.09.2019 11:11 AM

This image is no longer relevant

Experts agree that the active growth of the No. 1 cryptocurrency in the last few weeks indicates the next phase of growth. It can be quite long, experts believe.

According to crypto enthusiast and analyst Peter Brandt, the leading digital currency has entered the fourth cycle of parabolic growth. On this wave, Bitcoin will reach new price highs. Earlier, P. Brandt stated that bitcoin has been in this phase of the cycle for nine years. The analyst believes that the long-term goal of the price of BTC is the mark of $100 thousand.

Recall, by the evening of Monday, September 2, bitcoin sharply "went uphill", adding more than $500 in a short period. The last month of summer turned out to be difficult and sometimes unpredictable for the No. 1 cryptocurrency. In August, the leading digital asset lost 8% of its market capitalization, or about $16 billion. Currently, Bitcoin wins back the previous loss and is rapidly recovering.

On Tuesday, September 3, the leading virtual currency is trading at $10394, exceeding the psychologically important mark of $10,000. For Ethereum, they give $178, and the Ripple cryptocurrency is valued at $0.261. According to experts, the beginning of the first month of autumn was positive for most digital assets.

Larisa Kolesnikova,
Chuyên gia phân tích của InstaForex
© 2007-2022
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

  • Giao dịch khôn ngoan, thành công
    Nạp tiền vào tài khoản của bạn với ít nhất $ 500, đăng ký cuộc thi và có cơ hội giành được các thiết bị di động.
    THAM GIA CUỘC THI
  • Ferrari từ InstaForex
    Nạp tiền vào tài khoản của bạn với ít nhất 1.000
    tham gia cuộc thi và giành chiến thắng Ferrari
    F8 Tributo
    THAM GIA CUỘC THI
  • Tiền gửi lần truy cập
    Gửi vào tài khoản của bạn 3.000 đô la và giành được 1.000 đô la
    THAM GIA CUỘC THI
  • 100% tiền thưởng
    Cơ hội duy nhất của bạn để nhận 100% tiền thưởng khi gửi tiền
    NHẬN THƯỞNG
  • 55% Tiền thưởng
    Đăng ký tiền thưởng 55% cho mỗi lần gửi tiền của bạn
    NHẬN THƯỞNG
  • 30% tiền thưởng
    Nhận 30% tiền thưởng mỗi khi bạn nạp tiền vào tài khoản của mình
    NHẬN THƯỞNG

Recommended Stories

Asian markets rally on Friday

Major Asian indicators are on the rise again. The Hang Seng Index and the Nikkei 225 were the biggest gainers, adding 1.78% and 1.28% respectively. The Shanghai Composite

14:42 2022-12-09 UTC+2

The USD/JPY is getting sucked into the vortex. But there is a chance to get out.

By the end of the week, the dollar was under pressure from negative sentiment about the future prospects of the U.S. economy. This led to a sharp fall on many

Аlena Ivannitskaya 09:26 2022-12-09 UTC+2

US stock market closes higher, Dow Jones gains 0.55%

At the close of the New York Stock Exchange, the Dow Jones rose 0.55%, the S&P 500 rose 0.75%, and the NASDAQ Composite rose 1.13%. The leading performer among

Thomas Frank 03:20 2022-12-09 UTC+2

European stocks fall amid investor worries

European markets closed lower on Thursday. Traders are anxiously awaiting the European Central Bank's decision on the key interest rate. The pan-European Stoxx 600 fell by 0.16% to 435.51 points

Irina Maksimova 22:49 2022-12-08 UTC+2

Stock Asia shows mainly a decline to 1%

The stock market in Asia is down 1%. The Hong Kong Hang Seng Index was the exception, rising 3.38%. The least-losing indicators were the Shanghai Shanghai Composite and Shenzhen Shenzhen

16:00 2022-12-08 UTC+2

EUR/USD. The Fed to set the stage for longer drop in USD in 2023

The euro seems to leave its lows behind. What does the EU currency await next year? In 2022, the energy crisis affected the EUR/USD pair significantly. It triggered the strongest

Anna Zotova 14:24 2022-12-08 UTC+2

Pound sterling holds at its peak, but can it stay there?

The pound sterling has managed to reach a six month high with considerable effort. However, analysts say it is not the time to celebrate, as GBP may begin sliding down

Larisa Kolesnikova 09:06 2022-12-08 UTC+2

The US stock market closed mixed, Dow Jones did not rise in price

The US stock market ended Wednesday's trading in different directions due to the strengthening of the health care, telecommunications and industrial sectors. The market demonstrates against the backdrop of negative

Thomas Frank 03:01 2022-12-08 UTC+2

Will the dollar still be at war? USD/JPY forecast for 2023

The USD/JPY pair plummeted in November, which made many question its bullish potential. However, the dollar's recent growth convinces investors otherwise. So what to expect from the major? The greenback

Аlena Ivannitskaya 09:01 2022-12-07 UTC+2

US stock market closed lower, Dow Jones down 1.03%

At the close in the New York Stock Exchange, the Dow Jones fell 1.03%, the S&P 500 fell 1.44%, and the NASDAQ Composite fell 2.00%. UnitedHealth Group Incorporated

Thomas Frank 02:55 2022-12-07 UTC+2
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.