RATE Group | Bitcoin to smash its record ever price in 2019, according to crypto exchange boss
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Bitcoin to smash its record ever price in 2019, according to crypto exchange boss

Bitcoin to smash its record ever price in 2019, according to crypto exchange boss

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Predictions are still for happier Bitcoin days ahead…

Quoine is a Japanese cryptocurrency exchange operating company, as well as a traditional fintech firm. It’s headed up by Mike Kayamori, who is the CEO of the company. And in a new interview over at Bloomberg, Kayamori has aligned himself with the many long-term investors advising people to hold their nerve during the current pressure on cryptocurrency prices.

After all, the price of Bitcoin has tumbled from nearly $20,000 at the end of 2017, to the level it finds itself now, where it’s struggling to hold a $4000 level.

Kayamori, though, reckons the current price of Bitcoin is the “technical bottom” for the cryptocurrency’s price. That there may be a little bit of wiggle room to come, but this is pretty much the low point.

He argued that with cryptocurrency miners going of business due to the low price of coins, that the “equilibrium is near”.

And after that equilibrium? He expects the price of Bitcoin…

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