Bitcoin Price: forecasts on prices at $ 50,000 by December. Buying today is convenient?

in #bitcoin6 years ago

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In a very delicate phase due to the performance of cryptocurrencies in general and Bitcoin, in particular, the latest forecasts on the BTC listing in 2018 give hope to all investors. To elaborate the new estimates on the price of Bitcoin were Jamie Burke of Outlier Ventuers and Thomas Glucksmann of Gatecoin. According to the two experts, the BTC quotation, after a month of January to be forgotten, should start again and rise very quickly on December levels. The last forecast of the two experts is a $ 50000 Bitcoin price from now until the end of the year. Considering what are the current levels of the BTC listing , we can deduce that buy Bitcoin today at current pricesrepresents a great opportunity for investment. If the prediction of Jamie Burke and Thomas Glucksmann were true, then, the BTC quotation would quintuplicerebbe its value within 11 months. Logically, a strong appreciation of the price of BTC would be a bargain not only for those who chose to buy Bitcoin directly but also for those who prefer to invest in BTC through CFD trading.

If the estimates of the two analysts were true, moreover, expressions like collapse of Bitcoin or the BTC bubble, become a classic in these weeks of cryptocurrency crisis, they would disappear from the dictionary. The predictions on the BTC listing at $ 50,000 by December are not the only positive indication that came from the analysis of the two analysts. According to Jamie Burke and Thomas Glucksman, the entire cryptocurrency sector could reach a capitalization of $ 1 trillion in 2018 . Therefore, a similar scenario would involve not only a strong appreciation of Bitcoin but also of all the other cryptocurrencies with Ethereum and Ripple in the lead.

But why are the two experts so positive about Bitcoin's progress in 2018? Among the factors that should push the price of BTC in the current year, experts cite the growing regulation on the sector, the entry of institutional capital and the increase of technological developments. The cryptocurrencies, therefore, overcome the shock of January, should be perfected more and more and then grow again. The attention of the two analysts is directed above all to technological innovations among which the Lightning Network is cited , an instrument that should give a strong acceleration to today's transactions.

Will what the two experts say is true? The price of Bitcoin today has risen to $ 8,000 and the road to get to the 50,000 theorized by analysts is missing so much. However, there is an important signal that could support the BTC quotations in the medium to long term. At the SEC's last meeting on cryptocurrencies, Senator Warner said the crypto phenomenon is reminiscent of cell phones . A phrase that seems to allow us to glimpse a non-repressive approach by the US on Bitcoin & C.

As the road to get to $ 50,000 is missing so much is logical that investors are led to wonder when the BTC rally will begin. For the two analysts, after the month of February, the BTFC quotation should start to rise. But will it really be like that?

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If BTC went to $50K, that would be more than 600% profit from current prices. That would be nice!

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