Recent Bullish Predictions for Bitcoin by Cryptocurrency Analysts

in #bitcoin2 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

If you are trader, try this tool. It simplifies the viewing of courses and notifies about the rise and fall https://usignals.com/

There are just as good predictions the other way as well so the inportant thing is that we balance our views and create our own hypothesis and buy/sell base off of that. Then HODL for the long term as they become a reality or anything fundamentally changes.

I hope this predictions of price going up will come true and hopefully sooner. Let's all pray for it :)

Predictions may be true

I wouldn't call John McAfee a analyst. He is more of a shiller who charges 105k for selling his fan base trust.

Predictions are fun, but all I care is that every January is higher that before. Banks and stocks do not offer this as much as Bitcoin (et al).

I am sure each & everyone those are related to the crypto currency ,they all will love to see the predictions to be the live :)

Moreover the recent rise has shown some glory in these crypto bloodbath !

Spring’s chorus of bullish predictions for #Bitcoin appears to be having some corroboration from recent markets, as Bloomberg reports on Bitcoin’s 4 percent gain...

Great summary.

Ha ha... are you trying to help our little bump up? I think it will happen soon... people are still licking their wounds from the tax payments!

Yes, if some agrees or not in my opinion we are slowly moving into the positive phase and the speculations which we were listening from many months now those speculation rate also decreased, so now we can hope for the great Crypto ride. Thanks for sharing this informative post with us and wishing you an great day. Stay blessed. 🙂

Thanks for your information about bitcoin.

interesante e informativo Post. sobre las predicciones de la crypto.

iCoinCourse - the best software to check the rate of your cryptocurrency with comfort.
https://icoincourse.com/

DQmViNu6KhpvsSYaAw6uAi9knuwcVwRKhapLXSqpDaUJDba_1680x8400.png

Thanks a lot discussion about bitcoin.We always inform your post.

see my posts on the markets and bitcoin..accurate? you judge... right here (we called buy on April 13th at 6950...big resistance..a pullback (but not bad))..

I think most price predictions are BS because nobody knows what will happen in the future, but it's still fun to read and fantasize. If BTC grows to $20K by the end of 2018, I think many people will sell and get out of it for a while. We'll see..

My intuition tells me that Bitcoin will go higher than their projections besides McAfee. Thanks for giving us an update! @jrcornel

Very interesting. I think $30,000 is realistic by the end of 2018.

thanks for the information.

Very nice prediction i hope this will be the true

Predictions are great, but if you can react to the charts you can make money in either direction.Here are a couple of scenarios I am currently watching on Bitcoin.
Screen Shot 2018-04-22 at 8.41.51 AM-1.png

20 k for the end of the year is very conservative

Very good application for checking cryptocurrency and receive notifications https://icoincourse.com/
Telegram support: @icoincourse (https://t.me/icoincourse)DQmViNu6KhpvsSYaAw6uAi9knuwcVwRKhapLXSqpDaUJDba_1680x8400.png