20 Dec 2017

Bitcoin Cash, +55% in one day, will overcome Ethereum in total market cap

The Robot is forecasting a target total crypto value of 83bln$

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For RoboAdvisorCoin (RAC) artificial intelligence system, which has just opened its ICO, the market of the crypto currencies continues to register new records seeing as the 606bln$ total market cap threshold has been surpassed. Now 29 cryptos are Unicorns having already reached a market capitalization of at least 1bln$.

Bright prospects for Bitcoin Cash

For the fourth time this month, our robot news focuses on Bitcoin Cash. The cryptocurrency is still promising, as already predicted in the news published on Dec 11, Dec 16 and Dec 17 RoboAdvisorCoin is now forecasting  that Bitcoin Cash (BTC.CRY) will overcome Ethereum (ETH.CRY).

BTC market cap is equal to 59bln$ while ETH has a total market value of 77bln$, but in the last few days Bitcoin Cash upwards movement has been impressive as previously forecasted by our Robot: +55.79% only  in the last day and +80.71% in the last month. For RoboAdvisorCoin BTC has still a very good short term upside probability of 56,04% to gain another 43.45% within the coming days.  It means that our Robot forecasts a target short term market cap for BTC of 82.65bln$ and in this case it could become the second largest most valuable crypto in the world after Bitcoin.