The financial market analysts at Weiss Ratings currently see the best opportunity of the year to buy Bitcoin. Accordingly, they see the long-awaited bottom reached. Binance-Ceo Changpeng Zhao has a similar view.
The winter sales can start – at least if the analysts at Weiss Ratings and the CEO of Binance, Changpeng Zhao, are right. As is customary in the industry, both announce the happy Bitcoin message on Twitter. This is what Weiss Ratings says:
#BTC is getting to such low levels that it’s becoming one of the best buying opportunities of the year. As a store of value, #Bitcoin is here to stay. We truly think it’s the least speculative investment a person can make in #crypto right now.
— Weiss Ratings (@WeissRatings) December 11, 2018
Institutional Bitcoin investors in the starting blocks
In other tweets, the analysis team cites the increase in institutional investors as one of the reasons for this. In addition, the upcoming Security Token Offerings will give the entire crypto market more seriousness. The plans around the Stuttgart Stock Exchange and the Solaris Bank, for example, give the analysis team at Weiss Ratings hope:
The second largest stock exchange in Germany, the Stuttgart Exchange, in partnership with SolarisBank’s #Blockchain Factory, is pressing ahead with plans for a #cryptocurrency exchange that is “scheduled to launch in the first half of 2019.” More institutional adoption! #crypto
— Weiss Ratings (@WeissRatings) December 13, 2018
Binance CEO: Only strong teams left
Changpeng Zhao also sees the Bitcoin bulls standing in front of the door. In a tweet he announced that the cooled market offers an ideal option to invest (again) in crypto currencies:
While many VCs have "paused", we are actually more comfortable investing now.
Valuations are more reasonable, most have prototype/product, only strong teams left. Much better investment opportunities than at ATH. https://t.co/fJKeB6MQdX— CZ Binance (@cz_binance) December 14, 2018
