Bitcoin experts predict further price decline, followed by a slow recovery
From coindigitalreview.com
Bitcoin took a brutal beating in 2018. But a slow recovery is expected by many experts. The digital currency deflated in 2018 after making millionaires of early adopters. Bitcoin dropped 37 percent in November alone, wiping $70 billion off of cryptocurrencies’ global market capitalization. The pain isn’t over, experts say, predicting bitcoin may sink another 75 percent—though they defend the pioneering token’s long-term viability. A single bitcoin is worth slightly more than $4,000. Academics and industry experts believe it could sink as low as $1,000 before stabilizing. Federal investigators are probing whether ...
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