Heisenberg Capital: Bitcoin will remain the only cryptocurrency if it reaches a certain price

Heisenberg Capital: Bitcoin will remain the only cryptocurrency if it reaches a certain price

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The digital asset market will gradually reject all altcoins, leaving room only for the first cryptocurrency. However, first Bitcoin should increase significantly in price. This was stated by analysts of the venture capital company Heisenberg Capital.

We see the market rejecting everything, except BTC. This has been our dominant investing thesis since 2011. We’re doubling down on Bitcoin Maximalism with new capital.

As BTC climbs to our 2011 target of $ 100,000, we believe everything except BTC will die-off. – Heisenberg Capital (@HeisenbergCap) May 5, 2019 “As Bitcoin approaches the price of $ 100,000, the Altcoins will gradually disappear,” according to Heisenberg Capital experts.

Add, according to CoinMarketCap, the weighted average price of bitcoin decreased by 2.04% and is $ 5665. Earlier in May, the famous Bitcoin critic Warren Buffett called Bitcoin a gambling tool that does not produce anything useful.

Heisenberg Capital: Bitcoin will remain the only cryptocurrency if it reaches a certain price

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