Famous traders and analysts conducted a technical analysis of the bitcoin course and expect its rapid growth to $ 3,000.
Now the communities of bitcoin and other crypto-currencies are waiting for the development of new legal bases for regulating crypto-currencies, which should lead to a surge in activity on the stock exchanges in Asia. This week, the Japanese government abolished the 8% tax on bitcoin trade, and South Korea announced its intention to legalize bitcoin and crypto-currency markets in 2017.
In other regions, such as India, which have long shown no interest in regulating the markets of crypto-currencies, new laws are also being prepared in this area. As a result, activity on bitcoin exchanges in India has increased significantly, as analysts reported, including investment firm Ark Invest, the crypto-activist Chris Burniska, in June.
June 15, Burnisque laid out a graph, which shows that India accounts for about 11% of world trade Bitcoin-USD, the largest trading pair on world exchanges, crypto-currency.
Given the steady growth of bitcoin in recent times, American producer Max Kaiser on RT TV said that in the near future bitcoin could grow to $ 5,000.
Difficulties of central banks and the salutary qualities of bitcoin
In addition to the growth of bitcoins and small market corrections, after which bitcoin prepared for a new takeoff, Kaiser also pointed out that central banks can not effectively Cope with extremely risky loans, which jeopardize the stability of the global banking system and financial markets.
In an interview, BIS chief economist Claudio Borio explained: "The pace of economic development in large states continues to slow; In some of them the number of unemployed is already approaching the number of working citizens. Inflation is increasingly affecting Central banks. There is a confrontation between the securities markets that have intensified, and government bonds, whose interest has not increased. "
Since early 2016, an increasing number of investors and traders around the world, including Japan, China and the United States, have begun to buy bitcoin because of its salutary qualities. It shows itself as a reliable currency against the background of financial instability and economic uncertainty in the world.
Kaiser noted that the bitcoin rate is growing when the world economy is particularly untenable, so new records are just around the corner.
In addition, bitcoin and other crypto-currencies have recently experienced a major correction in the market, during which the rates of the first 30 largest by market capitalization of the crypto-currency fell by about 30%. As has already happened before, the bitcoin rate Most likely will recover above the previous high, which is now $ 3,097.
The last and, perhaps most importantly, the implementation of the scaling solution is coming. Most likely, Segwit will be activated in the near future, regardless of what mechanism will be used for this. BIP 148 and the New York Segwit2x agreement are two rivals, although Segwit2x looks less likely due to its inefficient and unrealistic update mechanism.