This story was shared from this site

The bitcoin price could reach $64,000 by the end of 2019, according to a new analysis of cryptocurrency mining economics. The study, conducted by Wall Street strategy firm Fundstrat Global Advisors, argues that that the ratio between the bitcoin price and miners’ breakeven cost (P/BE) has proven to be a “reliable long-term support level” for

The post Bitcoin Price Could Reach $64,000 in 2019: Fundstrat Analysis appeared first on CCN

Facebook Comments

Read previous post:
$363 Million: Robinhood Raises Big to Build ‘Largest Crypto Platform’

Stock trading app Robinhood has announced a $363 million Series D funding round and plans to expand its crypto trading...