Kay Van-Petersen: Bitcoin price will reach $ 100,000 in 6-18 months

in bitcoin •  7 years ago 

1 Saxo Bank strategist Kay Van-Petersen said that Bitcoin prices will reach $ 50,000 to $ 100,000 in the next 6 to 18 months. Van-Petersen, who interviewed Bloomberg, said the corporate cash flow will catalyze Bitcoin prices ...

Cryptrade-Kay-Van-Petersen-Bitcoin-1132x670.jpg

Van-Petersen, who interviewed Bloomberg, described the corporate cash flow as a catalyst for Bitcoin prices and described $ 100,000 as a "cautious" foresight. Stating that other crypto currencies could be similar or even better, Van-Petersen stressed that Ethereum may be the next competitive force, especially on ETFs.

'Take a step back and look at the fiasco ...'
Van-Petersen went on to say:

"It's amazing - if you take your mind from your head - take a step back and look at the fiasco ... a lot of it happened without corporate money. Corporate money will be on board in the next 6 to 18 months. "

The price of bitcoin is wondering what even Bitcoin's most ardent advocates will be in the coming days, as analysts continue to exceed even short-term growth expectations.

Van-Petersen said that in the past 10 years in May, Bitcoin price will exceed $ 100,000. This look does not look so amazing now.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!