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ANALYTICS
Bitcoin billionaire Zhao Dong predicts stagnation around $ 4,000 and $ 6,000
The famous Chinese bitcoin billionaire and trader Zhao Dong shared with Weibo his thoughts on the current state of the crypto market. Zhao is sure that the bear market has not ended, and that the recent Bitcoin rally does not say anything.
According to Zhao, bitcoin is likely to trade in a relatively narrow range, between $ 4,000 and $ 6,000 for several months, although many view this as a “take-off” for the main cryptocurrency. He predicts that there will hardly be low minimums, and that the market will remain unchanged for six months, although recovery may begin in October. It is not the first time when Zhao declares that cryptographic games will be relatively calm, and that almost all of 2019 will be like “cryptozyme.”
It is also noteworthy that Zhao Dong predicts a “crypto-summer” in 2021, when, according to him, Bitcoin will rise to $ 50,000.
ANALYTICS
Bitcoin billionaire Zhao Dong predicts stagnation around $ 4,000 and $ 6,000
The famous Chinese bitcoin billionaire and trader Zhao Dong shared with Weibo his thoughts on the current state of the crypto market. Zhao is sure that the bear market has not ended, and that the recent Bitcoin rally does not say anything.
According to Zhao, bitcoin is likely to trade in a relatively narrow range, between $ 4,000 and $ 6,000 for several months, although many view this as a “take-off” for the main cryptocurrency. He predicts that there will hardly be low minimums, and that the market will remain unchanged for six months, although recovery may begin in October. It is not the first time when Zhao declares that cryptographic games will be relatively calm, and that almost all of 2019 will be like “cryptozyme.”
It is also noteworthy that Zhao Dong predicts a “crypto-summer” in 2021, when, according to him, Bitcoin will rise to $ 50,000.
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Views remain the same I am sure the price will be around 6100 - 6300. And the other point is 4000-400.
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