The expert called the fair price of Bitcoin. It is ten times higher than the current rate
Source:Known cryptonic and co-founder of Fundstrat Global Advisors Thomas Lee told Bloomberg that "fair value is significantly above current prices". Veteran market analysts said that considering the number of active Bitcoin wallets and influence demand factors in the good now the coin should be worth from 13.8 to 14.8 thousand dollars. The differences in price and volatility Do withdraws at last year's mad sales on tokens and the overall overbought market, after which followed by an equally rapid decline.
One of the key drivers for the appreciation of BTC considers Whether , and to strengthen it as an asset class. According to him, the fair price of the leading cryptocurrency reaches 150 thousand dollars per coin as soon as cryptohalite will take at least 7 percent from 4.5 billion invoices in the system .
Thomas Lee has repeatedly expressed his optimistic view on near-term recovery of Bitcoin. Speaking at the Asia BlockShow 2018, he drew the attention of the audience to 50 million active cryptocurrency wallets. It's not much compared to 2.27 million accounts in PayPal and 4.5 billion accounts in payment systems Visa and MasterCard.
thethe Positive note for Bitcoin
Comparing Bitcoin with other systems in the context of values, Lee suggested that in the next ten years the rate of BTC can grow up to 10 million dollars per coin. Despite the recent market collapse, the expert retains confidence in his own forecast on which the price of BTC 15 thousand. The analyst also talked about the two main types of cryptograms. The first "use Bitcoin and have cryptococal", whereas belong to the speculative side of the market.
According to new data Cointelegraph, Cambridge centre for alternative Finance presented the report for the current year, which refers to 17 million new «verified users» cryptocurrency. So, for the first three quarters of 2018, the figure has doubled, reaching the level of 35 million. More data to search for .
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