RATE Group | Bitcoin Query Tops Google Trends, Bitcoin Bomb Threat And More
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Bitcoin Query Tops Google Trends, Bitcoin Bomb Threat And More

16 Dec Bitcoin Query Tops Google Trends, Bitcoin Bomb Threat And More

Posted at 05:17h in Cryptocurrency News by

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Bitcoin is currently trading at $3.2K, and, after observing some parabolic growth curve during Bitcoin Cash hard-fork in November, there is no further sign of its recovery.

However, this has not stopped Thomas Lee, head of research at Fundstrat Global Advisors from advocating Bitcoin and cryptocurrency. Lee in fact has gone on to say that the market is wrong about Bitcoin and Bitcoin’s fair value, given the number of active wallet addresses, usage per account and factors influencing supply, is between $13.8K and $14.8K.

Then, Lee could be wrong as he was earlier, when he predicted Bitcoin would hit $25K by the end of the year. Some crypto enthusiasts and experts do believe that 2019 could be a make-or-break year for Bitcoin.

Meanwhile,  2018 will go down as tough year for Bitcoin with its value plunging 82% since…

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