Crypto experts are up to 95% certain BTC's bottom is in

29 Apr, 2019 | Updated: 29 Apr, 2019
by Joeri Cant
Bitcoin
Crypto experts are up to 95% certain BTC's bottom is in

Crypto analyst Willy Woo, surveyed a collection of prominent investors and asked them how sure they are that the cryptocurrency bottom was established when BTC hit $3,150 in December 2018.

Willy Woo, a prominent crypto researcher, surveyed different notable influencers, analysts and traders, and asked them how sure they are that the cryptocurrency bottom was already in.

Jesse Powell of Kraken, Arjun Balaji, Galaxy Digital’s Mike Novogratz, ShapeShift chief executive Erik Voorhees, Anthony 'The Pomp' Pompliano, Travis Kling, and Murad Mahmudov are 75% to 95% sure that the bottom is in, this includes Woo himself.

The experienced commodities trader and technician, Peter Brandt, was mentioned in the 'notable comment' section, where he stated that Bitcoin has a 50/50 change to hit $50,000 and a 25% change it crashes down to zero.

Back in March, Chepicap reported that a well-known cryptocurrency trader, going by the Twitter handle Galaxy, already stated that April will be the last month where you will be able to grab yourself some cheap Bitcoin.

The self-proclaimed cryptocurrency accumulation machine, states that more often than not, Bitcoin prices seem to move in a random manner. However, according to the crypto analyst, BTC creates repeating patterns and trends.

According to Galaxy, this observed pattern will make April 2019 the last month of cheap $BTC ... ever again!

He added that Bitcoin will be cheap multiple times again in the future, but never $3K cheap.

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