Whenever an asset, stock or currency experiences such increases in value, investors start to worry about a crash, which is usually inevitable. Speculations about a bitcoin crash have now started cropping up in the same way, the only question is when. Estimates, though, are possible, and these can be made after looking at what first caused the spike in bitcoin value. Some experts have attributed this correction to the rise of other altcoins, and in particular Ethereum.
With bitcoin value climbing so much, the next bitcoin is coming investors covered their positions and instead invested in Ethereum and other altcoins. In all this, we can see a sudden renewed interest in bitcoin in just one week, which is probably due to economic uncertainty from the just completed French elections. Bitcoin may not achieve the gold standardbut it has certainly become a lucrative investment platform.
Investors covered their positions in most stock exchanges around the world and instead turned to bitcoin, which explains the price spike. The fear among investors was that candidate Marine le Pen might take office, which would be disastrous. Instead, Emmanuel macron has just won the elections, and he is considered a better choice of candidate in terms of economic stability. With the new France administration, European stocks will probably rise in value all through the week, with investors the next bitcoin is coming to that investment avenue.
As for bitcoin, you can expect lower value starting now — a bitcoin correction may already be upon us. Stay up to date with the financial markets everywhere you go.
Home - Forex Analysis - Cryptocurrency - When is the next bitcoin crash coming? Why did a bitcoin value spike happen? Bitcoin value at Coinbase exchange. Comments 1 comment s Click here to cancel reply. Leave a comment Patrick Burke.
What a bunch of dumbasses. Just because old white men on on Fox News don't understand the internet, doesn't mean bitcoin is inherintly going to crash immediately. Since Donald Trump has become President, wire transfers through western union have almost shut down the next bitcoin is coming transactions. So instead, online buyers have been using bitcoin and other crypto-currencies to buy things that are not available on the open market. And believe me, millions of dollars of transactions go through the deep the next bitcoin is coming dark web.
Hire some young ppl who do their homework please. Get the most recent news at your inbox Stay up to date with the financial markets everywhere you go. Sign up for updates. View ICO See whitepaper. What is Helbiz HBZ crypto and will the next bitcoin is coming disrupt the car sharing sector?
EOS Analysis - Descending triangle confirms the sell signal. Get the most recent news at your inbox.
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