Bitcoin to $50000 : How Experts Predicts CryptoCurrency Price | BTC News 2019 | Peter Brandt

As the prices of Bitcoin goes up the question is where it will stop. Where it goes or whats the target in near future. These are frequent questions asked by the people. Because people or investors who buy and sell crypto currency have interest in the price of Crypto Currency. To give answers to these questions we get help from market analyst or expert opinion what they have said about these prices in recent times. That will give us a better idea about predicting the crypto prices.

Veteran technical trader Peter Brandt says in an interview to Yahoo Finance “I believe that what’s happened from December of 2017 through December of 2018 is really an analogue to what happened in the 2013 to 2015 bear market, where we saw a sequential 10 up and down move in the bear market. And we’ve almost identically formed that same sort of pattern. After the 2015 low in Bitcoin, we saw the market then developed into a parabolic advance.
And so, I think the analogues are holding remarkably well, and based on those analogue studies I think cryptos now will go back into a parabolic bull market. The only question I have is do we rally here some, and then sometime in late summer, check the late 2018 lows or not. I mean, there’s a chance it does and there’s a chance it doesn’t.”
He also predicts the price goes up to $50000 within 2-3 years.
According to Thomas Lee Fundstrat Global Advisors co-founder he said in his interview to Bloomberg that Bitcoin Is A New Bullish Trend. The critics that declared that Bitcoin was dead because it lost more than 80% of its value since its all-time high in December 2017. Nonetheless, the digital asset was able to broke over the 200-day-moving-average. This is why he believes that the sentiment in the space has changed during the last weeks and why Bitcoin is now in a new bull market.
Mati Greenspan A senior crypto market analyst with social trading platform eToro said that's Nearly $3 billion ready to flow into BTC and alts.

That's also good news for cryptocurrency or crypto market. So the Bitcoin is Rising up and hope to get the better value and hit the targets as the experts said

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