The values of Bitcoin, Ripple, and other cryptocurrencies have been crashing lately, but one analyst is predicting a huge rise ahead for Bitcoin—with a forecast for it to reach as high as $100,000 in 2018.
“Investors appear to be taking a breather from bitcoin for now and looking at alternative cryptocurrencies,” technology correspondent Arjun Kharpal said in a CNBC story.
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There is always someone ready to give some crazy prediction on Bitcoin. The truth is nobody really knows, anything could happen to affect the price so I tend to treat these predictions with a pinch of salt and just keep an eye on the charts.
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