Immunity of herd against Bitcoin? Analysts say the Bitcoin 'virus' has reached its peak

in entendencia •  6 years ago 

Analysts at Barclays PLC have divided the group of potential Bitcoin investors into three groups - "susceptible, infected and immune" - comparing the spread of Bitcoin's investment with that of an infectious disease, Bloomberg reported on Tuesday, April 10.

According to this "epidemiological" model, which Barclays delivered to clients in a note on Tuesday, the "threshold of immunity" among new investors has been reached and the cryptovirus is in remission:
"As a greater part of the population becomes asset holders, the proportion of the population available to become new buyers - the potential 'host' population - decreases, while the proportion of the population that are potential sellers increases ( 'recoveries') Eventually, this leads to a plateau of prices, and progressively, as random shocks in the larger supply population increase the ratio of sellers to buyers, prices start to fall. speculative since the price drops are projected exponentially forward. "
According to the analysis, the first word of mouth about the high prices of assets extends the susceptibility to investment as a fever, but now that the awareness of cryptocurrencies is almost universal in developed economies, analysts say that the optimal moment for "secondary infections" it's probably over. It is likely that the bear markets remain here, they say.
Analysts at Barclays PLC have As Cointelegraph reported yesterday, Bitcoin is currently stuck in a downward trend, trading at $ 6 846 at the close of this edition, with attempts to recover other alternative currencies staggering too. At the date of publication, some very small fluctuations towards better health in market capitalization have now been observed among the ten main currencies (BTC rises 1.23 percent, ETH rises 2.56 percent), but markets are barely blooming.
Many analysts have a different perspective on Barclays stenographers, suggesting that the significant capital of institutional investors will flood exactly because the "speculative foam phase" of cryptospace is over. Yesterday, April 9, Cointelegraph reported a decidedly healthy diagnosis for Bitcoin in Hong Kong, and this week the news of a planned investment in cryptocurrencies of the main institutional firms Soros Fund Management and Venock Rockefeller.

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