Bitcoin hit $45,000 to $ 50,000 next year?
Bitcoin hit $45,000 to $ 50,000 next year?
While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. One such prediction is that Bitcoin can rise to as high as $45,000 to $ 50,000 in the calendar year 2019.
A cryptocurrency portfolio manager by the name of Jeet Singh, stated at World Economic Forum in Davos, that the current volatility is completely normal when it comes to the cryptocurrencies space. He also stated that it is normal for cryptocurrencies to fluctuate by 70% to 80%. This is one of the main reasons why the current volatility does not worry him at all.
He compared cryptocurrencies to the current bellwether companies like Microsoft as well as Apple. Initially, their stocks were also pretty volatile. However, as the companies develop their business model, the stocks not only rose but they become much more stable as well
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I think just a half of that is possible next year around 25000$ because we are fluctuating around a range of 2000$ in previous few months
ok pleas upvote me
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