Ran Neu Ner: Bitcoin has not reached the bottom yet, and now buy them a valuable opportunity in the long run!
The price of the Betcairn continues to decline, and a leading analyst in digital currencies believes that he still has other opportunities. However, the possibility of climbing again when looking at the long run, is still enormous.
We may see a major shift in the process of mining the Bitcoin
According to Ran Neo Nir, founder and CEO of Onchain and CNBC's Africa-based Crypto Trader, Pitcairn has not reached the bottom yet. CNBC's Fast Money program was reported earlier this week:
"The decline continues, and we are still testing new bottoms. The next point will be at $ 6,250 - and if the price drops further, we will test the level of $ 5,900 "
According to New York, the price of $ 5,000 is the basic level that must be watched closely by everyone - and can prove to be a turning point for those who are mining digital currencies above all, he explained:
"The question to be asked by the miners is, is it worth retaining the mining device at about $ 5,000? So, if we do not see a price rise, we will see a major change in the mining sector "
One day the market value of Pitcone may reach $ 20 trillion
The digital currency market is still a relatively immature and relatively new market, so price swings will inevitably exist. But anyone who actually believes in the behind-the-clock technology behind the Betquin should think of buying the leading currency at current prices, says Newer. He explained that by saying:
"If you think that currency rates will reach the long term to 30 or 40 or even $ 50 thousand. So, it would not matter if you bought them for $ 5 or $ 6,000 "
Bitcoin currently trades at $ 6,600.76, down 3.93% over the last 24 hours. The index fell 13.37 percent last week.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by oetek10 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.