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Bloomberg predicts Bitcoin rate correction observed in recent days may continue

Bloomberg-Bitcoin-rate-correction-may-continue Bloomberg predicts Bitcoin rate correction observed in recent days may continue

May was very successful for the first cryptocurrency - the Bitcoin rate rose by 60%, however, Bloomberg analysts believe that the correction observed in recent days not ended.

According to analysts, GTI Vera Convergence-Divergence indicator, which tracks positive and negative trends, points to a continuation of the fall. For the first time since April, the indicator issued a signal to sell the first cryptocurrency.

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Zhao Dong: “Bitcoin will be below $ 6,000 for most of 2019”

2-Zhao-Dong-Bitcoin-will-be-below--6000 Zhao Dong | Chinese cryptocurrency billionair

Chinese cryptocurrency billionaire Zhao Dong expressed the opinion that the "bearish" market is not over yet and the rate of Bitcoin will not exceed the mark of $ 6,000 for most of 2019.

Zhao Dong believes that the price of Bitcoin will be within the channel $ 4,000- $ 6,000 at least until October of this year. As for the recent rise in the price of the first cryptocurrency, the rate is still in this channel.

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