Recent Bullish Predictions for Bitcoin by Cryptocurrency Analysts

in #bitcoin6 years ago (edited)

Over the past couple of months there has been some pretty bold calls regarding cryptocurrency and bitcoin specifically.

Below are the summarized predictions by some of these bullish analysts.

They don't have a crystal ball any more than the rest of us do, but some of them have deep ties to the financial industry and have been making predictions in finance for some time.

Some of them with decent track records.

We will start with the lowest price predictions first:

Pantera Captial.

Pantera Capital is one of the earliest hedge funds in the space and says that bitcoin will likely hit $20,000 by the end of 2018.

(Source: https://www.cnbc.com/2018/04/18/bitcoin-is-flashing-a-rare-buy-signal-crypto-hedge-fund-manager-says.html)

Tom Lee (Fundstrat Global Advisors).

Tom Lee and Fundstrat have been one of the few wall street research firms covering cryptocurrencies and the say that bitcoin will likely hit $25,000 by the end of 2018.

(Source: https://www.cnbc.com/2018/04/12/bitcoin-will-hit-25k-by-end-of-2018-says-noted-crypto-bull-tom-lee.html)

Max Keiser.

Max Keiser, the host of Russia Today says that bitcoin will likely hit $28,000 by the end of 2018.

(Source: https://twitter.com/maxkeiser/status/970737929441169408)

Alistair Milne.

Alistair Milne is major British investor that says bitcoin will likely hit $35,000-$60,000 by the next bitcoin reward halving, which is set to take place in 2020.

(Source: https://ambcrypto.com/bitcoin-btc-predictions-by-top-influencers-250k-by-2022-bullish-all-the-way/)

Anthony Pompliano.

Anthony Pompliano is a major cryptocurrency investor with ambitions of tokenizing the world that says bitcoin will likely hit $50,000 by the end of 2018.

(Source: https://www.bloomberg.com/news/videos/2017-12-20/full-tilt-s-pompliano-sees-bitcoin-rise-over-time-video)

John Pfeffer.

John Pfeffer is an institutional investor that says that bitcoin will likely hit $75,000 by the end of 2018.

(Source: https://moneymorning.com/2018/01/09/this-bitcoin-price-prediction-says-75000-reachable-in-2018/)

Kay Van-Petersen.

Kay Van-Petersen works as an analyst at Saxo Bank and he says that bitcoin will likely hit $100,000 by the end of 2018.

(Source: https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html)

Tim Draper.

Tim Draper is a tech investor that says bitcoin will likely hit $250,000 by 2022.

(Source: https://www.cnbc.com/2018/04/13/tech-investor-tim-draper-predicts-bitcoin-will-reach-250000-by-2022.html)

Brian Kelly.

Brian Kelly is a trader on the CNBC show Fast Money and he says that bitcoin will likely hit $250,000 by 2022.

(Source: https://cryptocurrencynews.com/daily-news/bitcoin-news/bitcoin-at-250k/)

John McAfee.

John McAfee developed the anitvirus software by the same name and he says that bitcoin will likely hit $1,000,000 by the end of 2020.

(Source: https://www.ccn.com/despite-bitcoin-crash-mcafee-holds-his-1-million-by-2020-bet/)

There you have it, some big names making big predictions for the world's largest cryptocurrency.

If you'd like to read more about why they think a particular price might be hit, click the link next to each name for some more specifics on why they think what they think.

The majority of these predictions are for the end of this year so we will be able to tell very quickly whether many of these predictions turn out to be correct or not.

Stay informed my friends.

Image Source:

http://www.strangehistory.net/2016/01/02/the-world-in-2030-predictions/

Follow me: @jrcornel

Sort:  

Can it reach these height? Yes.
Will it reach these heights? No likely this year.

I have been watching the OTC market for some time now and the big boys are far from done with their buying next year will be awesome though.

thanks for sharing this! very nice article. IMO the bear market in the beginning of the year is healthy for longer term progress to the moon.

These are great predictions except for Max Keiser. He is a pump and dumper. If Max Keiser and Jim Cramer are on the same wavelength then really look out below. Wait for Max or Jim to really start pumping then you know its a short term sell.

I’m glad you got Johns prediction in there!

nice prediction

I think it is shameful when a someone who is perceived as a financial expert gives any forecast at all. If they are really an expert then they know that you can't predict future prices.

John McAfee, whose fame exists rather heavily due to the software company he founded in the late 1980s, took to Twitter yet again on February 2, 2018, to reaffirm that he was indeed bullish on bitcoin. In an attempt to predict bitcoin’s price at the end of this decade, McAfee had previously stated that it would reach “$500,000 by the end of 2020”. In November 2017, he tweeted that the cryptocurrency had accelerated much faster than expected, causing him to raise his prediction to $1 million instead.
I would like to go with him because if it doesn't happen a dick will be wasted, and I don't have balls to see that or even listen about that. Hope this target will be crossed and his dick will get saved and people like us will also earn something that we always dreamt of.

I can't imagine what he will actually do if it doesn't happen...

I hope it doesn't happen and we don't have to imagine anything but instead of imaging we have to prepare a list of our dreams that we can fulfill with that money.

John pumps alt coins for pay, he’s definitely not to be trusted friend

Goerge Soros bought in. Any thoughts ?

Has everyone gotten over the fact that it is not going to zero? That would be a good post. I want to know what turds still think crypto is a joke and going to zero. Lol

Oh there are still plenty of those out there, it just may take a little longer now, according to them.

I think it would be a good, and funny post, just so we can laugh at them. They may be right, i guess, but it is steadily getting further and further in the wrong direction for them haha

$BTC Weekly Chart (Logarithmic): The Bear Market That Never Was.
I don't use Ichimoku to trade but I find it useful when looking at the bigger picture.
We could still break lower from this weekly consolidation but it's looking less and less likely

Coin Marketplace

STEEM 0.27
TRX 0.12
JST 0.031
BTC 67928.13
ETH 3777.58
USDT 1.00
SBD 3.75