Bitcoin is no longer the top dog among digital currencies. However, analysts will always find new theses, whether the price will rise or fall. In a particularly crazy scenario, Deutsche Bank also plays a role.
Itall looked so good: At the end of April, the digital currency Bitcoin marchedat too old heights and quoted at $ 9746 not far from the $ 10,000 magic mark. But May turned out not to be a good month for Bitcoin: the exchange fell to little more than $ 7,000 at times - a drop of 30 percent. Bitcoin investors have long been used to such course caprices. Technical analysts see similar patterns as after the insolvency of the then most important trading exchange Mt. Gox. Paul Day, who observes the market as a technical analyst for market securities, says: "The emotions are no different than the last time, it's just other people they experience this time around." He estimates that there is still a tendency for one to " long, long time down "could go. He expects that at the end of the year a bitcoin could cost just $ 2,800.
