Bitcoin Prediction For 2018 (Grow↑ or Crash↓)?

in #bitcoin7 years ago

Hello Steemers!
In this post we will talk about bitcoin and what should happen in 2018.

What analysts say? source
"I think we're going to see bitcoin hitting the $60,000 mark, but I also think we're going to see bitcoin hitting the $5,000 mark" said Hosp, co-founder and president of TenX.


In August 2017, Tom Lee, co-founder and head of research at Fundstrat Global Advisors, predicted bitcoin's rally above $10,000 and declared that the digital currency would outperform equities through the end of the year.

He also said:
"We think that by mid-2018, we're going to be part of the way there, and that's why we get bitcoin to $20,000," he said. "If bitcoin can actually rise close to that $20,000 level in the first half of this year, I think in the second half of 2018, we'll see a move bigger than that".

Lex Sokolin "Bitcoin has such magnificent network effects that I don't see another altcoin that's a little better at payments" or some other function right now, Autonomous' Global Director of fintech strategy".

A lot of analysts also said that Bitcoin should "easily double" or even triple in 2018. :)
But some of analysts saying that Bitcoin doesnt worth that much like now, his real value is about 1, 780$ what means that bitcoin will fall in 2018 for about 80%-85%.

Will more institutions join the fray???

Already, after mostly laughing, then shunning, then finally taking note, the Wall Street-types have been forced to pay attention to Bitcoin. It has led to more institutions either accepting Bitcoin or even joining the fray.

MY OPINION
I think it will grow because of the increasing use. By my opinion it should hit about 45 000$ to 50 000$ but in one moment it could crash, what will happen first?...i dont know :/ Maybe it sounds crazy when i say 50 000$ but in June 2009. 1 BTC = 0.0001 USD, funny isnt it? Now 1 BTC = ~14 000$, so everything is possible :)

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i agree with your opnion.
Surely bicoin price increase and reach up to 50000 $ at the end of this year.

I hope so :)

We are definately looking at a minimum of 2x this year. Be patient. All that alt Cash is coming back to BTC

I agree!
We need to be patient :)

Hmmmm... Bitcoin will go far but it may take time...

Useful post.thanks for sharing