Bitcoin is one of the most popular digital currencies for traders. Because, the value of bitcoin continues to rise and investing using it must be very profitable.
There is a prediction of bitcoin rising mid 2018 which certainly benefits traders. This prediction was put forward by some experienced experts of course.
Here is a description of Bitcoin Predictions Rising Mid 2018 According to Some Experts.
The value will continue to rise
Bitcoin, is a virtual currency that has Blockchain technology. This makes it impossible to regulate its value by institutions, governments and even the creators themselves. Nobody can set the value of this bitcoin. Because, the value is only influenced by the power of supply or supply and the strength of demand or demand alone.
Currently, the exchange rate of bitcoin has exceeded 75 million rupiah per bitcoin for October 2017. This price is high. But, that doesn't mean it can't be even higher.
This bitcoin exchange rate will continue to rise without any restrictions. Even though the investment value is very promising, in fact there are many who oppose the use of bitcoin.
For example, Vladimir Putin, President of Russia, which prohibits the use of bitcoin and other virtual currencies because the government cannot control them. This situation, according to him, could lead to acts of crime such as terrorism financing. Then, there is also Jamie Dimon, he thinks bitcoin is a fraud.
These restrictions have indeed made the price of bitcoin dropped in September 2017. Even so, the value can return very quickly by the end of the month. It even reached its highest record.
Predicts Experts about Increase in Bitcoin in 2018
There are many predictions of experts regarding the exchange rate of bitcoin in 2018. They say that the bitcoin exchange rate will continue to soar because of the limited amount. For example, according to Tom Lee who is a Wall Street strategist. This bitcoin prospect, according to him, is a promising long-term prospect.
According to him, the value of bitcoin can penetrate the price of 6000 US dollars per bitcoin. According to him, this exchange rate will also continue to rise to reach US $ 25,000 in 2022. According to him, this increase occurred because more and more people were interested in investing in bitcoin and saving their wealth with bitcoin.
Then, the next prediction comes from Ronnie moas, a professional stock researcher. He believes that the value of bitcoin in 2018 can reach 7,500. This figure clearly exceeds the number given by Tom Lee. The next prediction comes from Harvard academics. According to them, the value of bitcoin is rising according to Moore's Law. According to them, the value of bitcoin can reach 100,000 US dollars in 2021. This value is also far greater than what Tom Lee said. Looking at these predictions, surely investing with bitcoin is very promising. But, that does not mean without risk too.