Chief of Shopin Eran Eyal said he has "no uncertainty" bitcoin will achieve an estimation of past $100,000 later on.
Mr Eyal said it is imperative to isolate bitcoin from different kinds of digital forms of money, for example, ethereum or Ripple. He said every digital money has its own "plan of action" to separate from each other.
Talking on CNBC, Mr Eyal stated: "I have most likely that bitcoin will achieve well-past $100,000. Observe how it has moved over the past.
"I believe it's essential not to simply take a gander at it as of now in time yet in addition to take a gander at it verifiably at what has occurred far and wide.
I have most likely that bitcoin will achieve well-past $100,000
Eran Eyal
"That is to say, look in the United States, bitcoin trades were closed down three times. What we are seeing here is extremely government's taking a knee and pausing for a minute to comprehend the repercussions for their particular culture."
Mr Eyal said all digital forms of money are unique. He utilized the case of ethereum and said it is a stage for building "energizing innovations".
He said it is "outlandish" to take a gander at bitcoin and ethereum and contrast one with the other on the grounds that "they are not the two apples".
Bitcoin is a digital currency not controlled by a solitary executive and can be utilized to purchase things overall electronically.
Bitcoin value diminished to $11,727.39 at 10:46am on Monday, January 22, as indicated by CoinDesk. It saw its most elevated an incentive before Christmas when it achieved the great cost of just shy of $20,000.
The bitcoin cost dove after Indian banks close down cryptographic money exchanging accounts, months after Finance Minister Arun Jaitley openly decried the computerized cash.
Yet, very rich person business big shot Warren Buffett cautioned bitcoin and different digital forms of money are "sure" to end gravely.
Bitcoin's ubiquity has made request soar all through 2017, pushing different cryptographic forms of money like Ripple and ethereum to likewise receive the rewards of the digital currency fever.