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The crypto-billionaire Chinese Zhao Dong is said to be convinced that the bear market would end next year. According to the 8BTC Chinese point of sale, Dong told WeChat that the most promising projects would emerge in the long run.
"More cryptographic projects and companies will die this year, but in the meantime, the next wave of more promising projects will emerge from the ashes, making 2019 the best and worst time for investors and entrepreneurs. By 2019, good projects will be cheaper to invest and entrepreneurs will benefit from less competition. The only thing you need is patience.
"In the bull market, I do not convince people to buy Bitcoin because it seems easy to make money quickly, but in reality it is not. It is now that I am starting to convince people to buy Bitcoin. "
Dong is one of the largest OTC traders in China. By the end of last year, he had predicted that the price of bitcoin would reach at least $ 50,000 by the end of 2021.
At present, the market is essentially red, with Bitcoin, XRP and Ethereum down 1.7%, according to the Coin360 price indicator.
Overall, today's technical badysis is positive, with CoinDesk particularly looking for a short-term rally that could bring Bitcoin above $ 4,000.
Bitcoin
CoinDesk – Bitcoin Price Model Means Short-Term Gathering at US $ 4,000
NewsBTC – BTC after a slow and steady upward trend
FX Street – BTC / USD Bulls Defend $ 3,600
XRP
Blockonomi – Buyers are not out of the wood yet
NullTX – Bullish cryptographic trends confirm that the price of XRP is largely underperforming
Cointelegraph – XRP tries to bounce on critical support at $ 0.27795
Ethereum
Invest in the blockchain – Can bulls now exceed $ 127?
Ethnews – Ether could continue to ride, limited inconvenience
NewsBTC – ETH could extend consolidation above 114 USD
Tron
The Merkle Hash – The Tron price drops slightly in the air BitTorrent Token
Cointelegraph – Tron barely out of the air resistance
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