TRON founder, Justin Sun, says the bear market is over but that Bitcoin will trade in a tight range in 2019.
Bitcoin Will Trade Between $3,000 and $5,000
Speaking to Huoxing24, Sun declared that the cryptocurrency bear market was over. According to the TRON chief, Bitcoin won’t see another massive price breakout within the next three to five years. Instead, Sun expects the top-ranked cryptocurrency to fluctuate between $3,000 and $5,000.
For Sun, 2019 is going to be a watershed year for cryptocurrencies, heralding several market breakthroughs. He pointed to the expansion of the lightning network and improvements in the DApp ecosystem as likely contributors to an increased level of crypto adoption.
Sun’s comment came as part of an interview during the ‘Voice Your Love‘ charity event organized by the ALS Association in…