Where is the bottom for cryptocurrency prices? ~What do experts think?

Recommended exchanges to buy cryptocurrency

with capital strength No. 1

Bit Point is the recommended choice.

https://bitcoin-newstart.com/bit-point-japan

＊ Ripple can also be purchased.

In 2017, from early December,

the cryptocurrency market surged dramatically.

It has already been a year since then,

has it not?

Those who had holdings in cryptocurrencies

from back then feel quite good, and across Japan

we remember how positive it was.

Even the Nem Bar in Tokyo was crowded enough to have waiting times.

However, the market in 2018 remains

in a tough situation.

In this market climate, where is the price

likely to bottom out? In other words, where is the

“bottom”? We have summarized this in an article.

https://bitcoin-newstart.com/bitcoin-downtrend

Currently Bitcoin is

from the November hard fork issue of Bitcoin Cash,

sold off sharply and fell to around 400,000 yen,

but later rebounded to around 450,000 yen.

The price is showing signs of stabilizing somewhat.

Experts’ views on the price bottom vary,

with numbers like 400,000 yen or 300,000 yen.

Determining the “bottom”

means buying the currency more cheaply.

This is what it means.

In November, Bitcoin was sold off significantly,

pulling the price down,

and those who soldlet go of Bitcoin

were reducing the currency’s influence as a cryptocurrency.

However, those who sold may have bought back to some extent later.

Both the rapid rise and fall of cryptocurrencies are greatly influenced by

large investors.

In other words, people who hold a lot of cryptocurrency

have influence over the market.

Therefore, regarding the Bitcoin Cash hard fork, Greg

said he would sell Bitcoin, warning it could drop to around 100,000 yen.

However, if he were to sell Bitcoin

his influence would wane, and when it dips, someone would buy back Bitcoin

If the price is to rise in the future,

the cheaper the price is, the better, right?

Therefore, with an awareness of where the cryptocurrency “bottom” is

and gradually buying more,

when the price rises again in the future, you can

potentially accumulate significant profits.

Now, about the

price at which the decline halts

we have summarized in an article.

https://bitcoin-newstart.com/bitcoin-downtrend