General Director of TRON Justin (Justin Sun) said in an interview with a Chinese news platform Mars Finance that the market for crypto-bears came to an end, as the cryptocurrency has reached “absolute bottom”.
Answering the question about the prospects of the cryptocurrency market for the current year, the founder of TRON said
“I think the price of bitcoin in 2019 will range from $3,000 to $5,000”.
He said that he expects in the coming year, three drivers of growth for the stock market: the boom in decentralized applications, large-scale implementation of Lighting Network and 100 million users of P2P-network BitTorrent, which will join cryptoprocessor. The largest peer-to-peer network was acquired TRON last year.
Earlier on Saturday, the bitcoin after several days of sideways to break important psychological mark of $4000, and quotes the first cryptocurrency exceeded $4200 per coin. However, to stay at this level BTC could not, and on Sunday dropped to a level between $3800-3900.
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