It’s time to buy. The ratio of risk to profit from Bitcoin was preferable to any asset in the world

According to a new report Adamant Capital, the main cryptocurrency is the last stage of a bear market — accumulation. Hodler Bitcoin again prepared for the long term. The report also says that the fundamentals of BTC are rising, both as a disruptive technology, and as a financial asset. At the stage of accumulation of the currency should trade in a range of up to 6.5 thousand dollars.

After the crushing surrender of cryptorhynchus in the past year, many traders who were focused on quick profit, have left the market. As a result there are only the so-called strategic and impartial investors. In turn, the volatility of scriptactive remains at a record low since November. It also serves as an indicator of the consolidation phase, apathy and accumulation.

Hodler will be at the forefront of future price fluctuations

In the first three quarters of 2018, this segment of users of Bitcoin is hoarded BTC in the hope that the price will jump. But it never happened. By the end of last year, many holders panicked and started getting rid of positions. As a result, we received a fateful Wednesday in November, which has put the stock market to its knees.

According to the report, in the period from 14 to 16 November, destroyed more than 70 thousand “Bitcoin-days”. Bitcoin-days is the ratio of the number of sent BTC with the number of days during which these coins were inactive. A large number of Bitcoin-days indicates the sale of coins those traders that have long kept them.

Adamant Capital report concludes with a bold verdict. Experts say that now is the best time to invest in Bitcoin.

We believe that the long-term risk-reward ratio of Bitcoin is currently the most favourable compared to all liquid types of investments in the world. Most likely, in the near future the asset will trade in a range of from 3 to 6.5 thousand dollars, followed by a new bullish cycle.

The current rate of coins you can see in the class ranking of cryptocurrencies. And cryptodata of hontarov will find other useful information.

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