Bitcoin Explosion Expected Q4 2018

In the past couple of months, Bitcoin and cryptocurrencies in general have experienced a massive fall in price. The fall in price came as a shock to all crypto enthusiast because at the beginning of they year, it was predicted that the crypto will continue to rise. As at December 2017, Bitcoin reached its all time high of over $19,483.

Although this crypto is currently valued at $8,500 as at Monday 21 2018, experts are of the opinion that the value of the crypto will rise before the last quarter of the year. The reason why most of these experts are of the opinion is based on the activities that took place at the first and second quarter of the year 2017. As of March 2017, Bitcoin was valued for just $1000 and the value began to gradually appreciate and depreciate in the coming weeks, but investors all over the world was shocked when the Bitcoin token finished at over $19,000 at the end of the year. Most people are of the opinion that history is about to repeat itself. This idea is why most experts are betting on the token, that before the end of the year the price of the crypto would be nothing below the $25,000 mark.

Another reason why most experts believe that the value of the crypto will appreciate before the end of the year is that of the partnerships and the caliber of people that have shown interest in the crypto. Amongst a few of the people that showed interest in the crypto is the Rockefeller family, Mike Novogratz, George Saros just to mention a few. The mass adoption of Bitcoin by large institutions is another reason why experts are predicting that the value of the crypto will appreciate to a level that we have never seen before.

Another reason why experts are betting on the rise in the price of the token is that of human psychology. They argue that since the crypto has crossed the $8,000 mark, if in the coming weeks it crosses the $10,000 mark, then there is every chance that it will keep soaring high until it gets to the $20,000 or even the $25,000 mark before the end of the year.

Another factor that could see the value of the crypto rise is that of the Lightning Network. Prior to this time, the Bitcoin blockchain has been faced with the scalability issues which makes its transactions not only slow but also expensive. If the Lightning Network is fully implemented, more merchants will be willing to adopt the platform and even large institutions will adopt the network. This is another reason or development that could see the value of the crypto rise to or above the $25,000 mark.

All Bitcoin investors will have to fully manage their investments and to do this, the Cynergy8 platform was developed. According to the CEO Quan Tatsuo, this platform will help all crypto investors to manage their investment as well as provide them with current market analysis, charts, statistics and price of the top cryptocurrencies. .