Japanese market analyst Masayuki Tashiro said that Bitcoin could rise up to $9000 by October and announced this claim.
He mentioned that cryptocurrency laws will be welcomed by investors in the near future and that these laws will create an environment of trust.
Tashiro said that the policies that are currently perceived as negative and especially about cryptocurrency exchanges are actually for the user. He stated that it is good and that cryptocurrencies that are weak in terms of the system will be eliminated and a safer environment will be prepared. >The price of Bitcoin , which was fluctuating throughout 2018, declined twice during the year to the levels of 5700 – 6000 dollars, and after this process, it went back to 10,000 dollars in the following month or two.
There is a 50 percent rise after every decline
Tashiro, who made a statement considering these fluctuations, stated that Bitcoin experienced an increase of 40 to 50 percent after each serious decrease. he did. Especially in the process we are in, if there is no negative news and positive news about cryptocurrencies in Japan, which has a large number of investors, Bitcoin is expected to be traded between $ 9,000 and $ 10,000.
Tashiro finally told me, If it stays put, the regulations will take place in mid-October and I predict that $9,000 will be reached again with the investor’s confidence and re-entering the market in this process.” used the expressions.