The price of bitcoin may start to rise sharply, and the future of cryptocurrencies will be better

In the past few months, the prices of ripple, ether and bitcoin have skyrocketed. Judging from the record high of the end of December last year, these currencies started a huge collapse in early 2018. Some experts believe that the price of bitcoin may start to rebound sharply, but the future of cryptocurrencies is almost guaranteed. Being able to accurately predict the prices of ripple, ether and bitcoin will be largely rewarded, giving investors the ability to buy and sell at low prices and huge profits. However, these new investment opportunities are short-lived, and the value of bitcoin and other cryptocurrencies is constantly changing, making it difficult for investors to judge the best time to buy and sell. Many investors are pampered with not buying a bitcoin for only a few hundred dollars, but a large part of investors feel uneasy about buying bitcoin near the record high of late December last year. A few weeks later, there was a huge collapse in the price of bitcoin. In simple terms, it is almost impossible for markets to accurately predict the price of cryptocurrencies. However, this does not stop financial experts from trying. Many authorities believe this downturn is temporary, and Bitcoin prices could grow by more than 50% by 2018. Thomas Lee, managing partner of fund research firm Fundstrat Global Advisors, predicts that Bitcoin will reach a new high in July, based on an analysis of the 22 corrections the currency has been tracking since 2010. Although the price of bitcoin is currently well below a few weeks ago, the price of bitcoin rose more than 1300% in 2017, reaching a record high of nearly $ 20,000 per bitcoin and plunging more than 70% thereafter. Reported that bitcoin recovery time is 1.7 times down time, which means that it takes 85 days to return to previous highs. It remains to be seen whether the price of bitcoin will be as high as it was at the end of December last year, but some experts appear optimistic about the future of cryptocurrencies, such as Rupiah, Ether and Bitcoin. However, while experts are optimistic about bitcoin, there are still a few who do not quite believe that bitcoin and cryptocurrency are investment-worthy. Some people think that bitcoin is a bubble economy, which is largely based on the fact that bitcoin is not an entity with real value, rather than a real entity like a company's stock, which reflects its performance. Under such an unstable value, the market is wondering how much Bitcoin will be worth in a few months. While last year's sharp rise undoubtedly shows that prices may continue to see a rebound from the very low prices that emerged a few weeks ago, there is also a political climate that could cause problems for the prices of ripple, ether and bitcoin. One of the main benefits of currencies such as Rwanda, Bitcoin and Ether is that they can easily be transferred, anonymized, and lacked major rules to curb their growth. However, all three of these are at risk of disappearing due to government and regulatory intervention, which could have a significant impact on Bitcoin price movements.