The Bitcoin can reach a cost of $ 100,000 in 2018, predicts an analyst who rightly predicted at the end of 2016 and the beginning of 2017 that the most popular cryptocurrency would be remarkable.
In his analysis of December 2016, he points out that the Bitcoin will reach $ 2,000, at that time trading at prices below $ 900, according to CoinDesk.
The $ 2000 limit was overcome in May 2017, and seven months later the record price was over $ 19,800.
"First of all, the correction we are witnessing at the moment and wiping nearly 50% of the cost of the Bitcoin is healthy. We have not yet seen the effect of futures contracts, "according to Kay Van Petersen, an analyst at Saxo Bank.
We recall that it was in December that CME and CBOE launched the first futures in a few days, and this was reported as an opportunity for the big institutional investors to enter the market.
According to Petersen, the Bitcoin could reach $ 100,000 as early as 2018, although its previous forecast is that it will happen over the next ten years.
To reach the psychological limit, it will need a 635% increase in the cost of a yesterday's Bitcoin and nearly 900% at its latest $ 10,000.
This is not the first such optimistic forecast for crypto. In December, Tenuan co-founder Julian Hosp told CNBC that the price would reach $ 60,000 by December 2018, but we will first see a decline.
Octagon Strategy Managing Director Dave Chapman also predicts the cost of the Bitcoin reaches $ 100,000.
Not the same as the investor billionaire Warren Buffett, who points out that he is almost certain that the crypto-trade will end badly.
Buffett told CNBC again that: "We have no crypto, we will never have a position in them. I have enough trouble with the things I think I understand. Why take a long or short position on something I do not understand? "Said the billionaire.
image source - Instagram
hopefully it will be good for us
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit