veda-banner veda-banner
English
USD
Popular
Other
14:08 08.08.2019
2019-08-08
Neironix
https://neironix.io/images/og.jpg
0
0
106

Analyst Opinion: Bitcoin Price May Repeat Gold Explosive Growth in 2008

By the words co-founder of the analytics company Messari, Dan McArdle, the Bitcoin price can repeat the behavior of gold in 2008-2011 in the coming years. By such a forecast, the price of bitcoin may fall in the short term, but then there will be a sharp increase to a new historical maximum. 

Dan McArdle  writes on his Twitter:

McArdle refers to a recent comment by gold market analyst Raoul Pal, who recently gave a promising forecast for gold and bitcoin in the Stephan Livera podcast.

He compared the current profitability of gold and Bitcoin, implying that markets prepare for the sudden end of a long series of dollar wins. In his opinion, the only question is when this will happen. Pal believes that during the imminent correction of the dollar, which will come in the near future (12 - 18 months), gold and Bitcoin will show their best, as they will become lifeboats for saving capital.

In turn, a well-known gold fan Peter Schiff continues to say gold is much better suited for a safe investment, in comparison with Bitcoin.

Subscribe to the news in the channel in telegram
@neironix_io
Comments
Please, login to write a comment.
Bitcoin
(-2.10%)
Ethereum
(-1.09%)
Ripple
(-1.05%)
Bitcoin Cash
(-1.81%)
Litecoin
(-1.81%)
Binance Coin
(-2.72%)
Tether
(0.01%)
EOS
(0.59%)
Bitcoin SV
(-1.71%)
Cardano
(4.88%)
Stellar
(1.38%)
Monero
(-0.60%)
Tron
(0.36%)
UNUS SED LEO
(-1.24%)
OKB
(-2.04%)
Dash
(2.57%)
ChainLink
(-2.23%)
Ethereum Classic
(-1.27%)
IOTA
(1.19%)
Tezos
(-0.42%)
Support Center
Tracking of cryptocurrency markets has become even more convenient with our application.
Neironix Mobile App
Download for FREE
Download App
Create account
Sign in
Contact technical support
If you have any problems with the system, please describe the problem in the form below, or send your question to: support@neironix.io