Next week's prediction for crypto market

in bitcoin •  7 years ago  (edited)

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Unfortunately, many experts don't recognize the new reality on crypto market and repeat, that the future of Bitcoin will be bright etc.
Next week and even next month, will be definitely bearish for Bitcoin. 6k or even 2k is not a realistic price for Bitcoin.
10, or even 1 year ago, crypto market had a completely different dimensions and players. Price explosion in December 2017 served as a catalyst for the whole branch and gave birth to several Top new projects. Augur, EOS, Ontology, Tron etc.
Even old projects, like Ethereum and Neo were the biggest rivals.
Bitcoin is already the past. Next weeks, next month we will see constant decline of Bitcoin and it will be the best scenario for the future of crypto market.
Blockchain needs new leaders. Currently it's EOS, but Ontology could also become the next leader.
Of course, we will see the galloping prices, many ups and downs. Crypto market will remain an attractive field for different kind of speculators.
Decentralized exchanges, crypto adoption, scalability will remain the main challenges in the future.

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Cool analysis 🤗

Daredevil, but correct!

Would read this content again later. In one month for example.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6222.560$-0.6%-6.25%
EOSEOS6.885$-3.25%-20.1%
ETHEthereum432.461$-1.46%-8.45%
ONTOntology3.291$-7.69%-29.0%
REPAugur27.986$-8.25%-22.47%