The course predicts a new collapse: the reason is named

The Chicago Option Exchange (CBOE) withdrew a request for the launch of Bitcoin-ETF, which was expected to drive a sharp increase in the cost of digital parts and preserve the market from collapse.

Bitcoin-ETF was expected to become a fundamentally new financial tool and attract large investors. , reports L! FE

In particular, Bitcoin-ETF was to become a stock exchange that uses bitcoins as the underlying asset. That is, buy cripples and sell their shares to investors.

Thus, shareholders could gain a change in the price of the coin. At the same time, they would not work directly with the cryptic currency, which means that their assets are protected. This would solve one of the main problems of the market: the disappearance of coins after hacking.

According to analyst Alexander Agiev, this news can spread panic among unprofessional investors. As a result, bitcoins will start to fall and attract the entire market. However, according to the analyst, even in the worst case, the price will not fall below the $ 2,800 mark.

At the same time, the expert from the International Financial Center Olga Prokhorova stressed that the reasons for withdrawing the application are not named. This means that the evolution of the crisis on the foreign exchange market is unpredictable. According to her, if the demand was withdrawn due to the fact that the companies were disappointed with the sector, the bitcoin could fall to 3,505.

Previously, the Bitcoin's cost has plummeted to its lowest since October 2017. Since then, the popular cryptic currency has lost around $ 2,000. With the slightest gap, the most popular disabling curve has gradually declined from the beginning of 2018 until it reaches the psychological mark of the market – the annual minimum.

According to OBOZREVATEL, venture capital investor Tim Draper is confident that the rate will reach $ 250,000 by 2022. Christopher Giancarlo, president of the CFTC, said the crypt was a future, but that they would not compete with the dollar and the hard currency.

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