What Does the Future Hold for the Price of Bitcoin?
Tuur Demeester is an economist and investor focused on personal and financial freedom and bitcoin, and editor in chief at Adamant Research. With all the commotion in the market, now is an interesting moment to take a step back and look at some price patterns. I think especially the price behavior of China versus US/EU can be instructive to assess what to expect from the markets going forward. Back in December, based on two previous cycles in bitcoin, I projected a bottom between late February and mid March, from the peak of $1,150 to between $400 and $500. On 24th February, following the....
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