April 20, 2018 403By Frankie Crowhurst
“Bitcoin is the current engine pulling the crypto train. It seems to have found traction post-tax season selloffs; this is good for everyone. Ethereum is finding strong support along with Ripple and others. Next week will tell us if we are leaving the station. We could be off for another bull run.”Ben Way, the CEO of Digits.io also agrees that we are hitting a new bull cycle, saying;
“The train has definitely left the station for entrepreneurs trying to do an ICO on the back of a napkin. However, just like the shakeout in the dot-com bust, the ICOs with real value and real technology and concepts will be in good shape…this happens in almost every market at some point, next we will see the same in Al and Robotics.”Some experts are of the impression though that this bull run could actually benefit cryptocurrencies like Bitcoin. Michael Collins, who is the founder and CEO of GN Compass told Forbes;
“After a four-month bear, there are now strong indicators that we are heading towards a bull. Bitcoin dropping to about $6,600 on the 5th of this month was probably the bottom for the year, its price will continue to climb and will probably hit a peak of $15,000 this year. Other coins are following suit with Cardano being the most impressive so far.”Sadly, not everyone feels like this though, and Roman Guelfi-Gibbs of Pinnacle Brilliance Systems Inc believes the train may well be leaving the station, telling Forbes;
“Investors have some time to make up their minds before the train leaves the station, but they will have to decide soon.”So there you have it. If you are at all undecided about Bitcoin, you might not have much longer to decide.