Just over a year ago, namely on December 17, 2017, Bitcoin reached an absolute maximum of it's value of 20'089$. And everything would be fine, but not so long ago (12.14.18), it course updated its annual minimum by breaking the 3200$ mark for a coin. What all this means and how the cost of bitcoin will behave in the future, try to sort it out with you in our new article.

And so, for starters, it's worth noting that even though Bitcoin is going through not the best times, it holds its positions and still occupies a leading position in capitalization ($60.96 billion) with a capitalization index of 54.4% and trading volume ($6 billion), price of his last week varies from 3200$ to 3600$

 

 

Accordingly, the market itself is experiencing hard times, the capitalization of which since the January maximum ($830 billion), fell almost 8 times and currently stands at $112.8 billion.

But what will be the result of what is happening and what to expect from Bitcoin? To find answers to these questions, you should pay attention to the expert opinion of analysts:

• Dmitry Matsyk, the founder of the Blockchain.ru project, believes that the price of Bitcoin in 2019 will reach a threshold of 40'000$, which is remarkable this should happen at the beginning of the year.
• Evgeny Glariantov, one of the founders of the "Freed" project, believes that there is every reason to see a price of $100k or $0.1 million for one BTC coin by the end of the year.

Among analysts, there are enough enthusiasts, and now we will look at the "reverse side of the coin":

	For example, Peter Brandt believes that all Bitcoin attempts to restore its price, after the December fall, are nothing more than a "dead-cat bounce". As can be seen from the notes on the graph, the goal is the cost of 2900$
	And the information above looks more convincing if you look at the opinion of analysts from CoinDesk, who believe that with a high probability the level of support will be the level of $2900-3000.

Information from various sources is infinite, but not a single serious analyst speaks of a bitcoin price of less than 1000$, whichever of the “camps” it belongs to. So, answering the heading question, with great probability, we will not see Bitcoin for a thousand dollars, but whether it will keep the level of 3000$ or "go to conquer the moon", unfortunately there is no definite answer!

 

I think John McAfee will be pleased with this news) For those who do not know, this person is known in quite wide circles, for example, that he is the creator of McAfee Security antivirus, but he received great fame by making a public statement that he was ready to eat his penis if Bitcoin will not pick up the value of $0.5 million over three years. The statement was made on 07.14.2017, therefore, we propose to recall that not all of us risk something intimate,have patience, popcorn and watch what is happening in the cryptoindustry)