Crypto market Experts Predictions for BITCOIN in 2018

in #cryptocurrency7 years ago

Crypto markets volatile this week with  (BTC) dipping below $7000 for the first time since November, 2017. Several crypto experts have predicted Bull Run for BITCOIN in 2018.

 Outlier Ventures CEO Jamie Burke, told CNBC that ;  

  "We believe after February the market will likely go on a bull run comparative if not greater than last year potentially reaching the trillion-dollar mark before a proper crypto winter sets in where the market becomes more focused on proper market fundamentals.”

Head of APAC business at  Gatecoin Thomas Glucksmann write in email:

  "There is no reason why we couldn't see bitcoin pushing $50,000 by December."

He also wrote:

  "One possible appetizer for the bulls, or the catalyst for the recovery, will be the release of another cryptocurrency backed instrument listed on a major exchange. There are several candidates in the pipeline, it's only a matter of time until we have a cryptocurrency backed ETF (exchange-traded fund)."    

CEO of Hercules Tech Mick Sherman told NBC:

 "Utility tokens and assets with a working platform and a clear-cut reason for requiring both a blockchain and their own token, are more likely to appreciate in value this year. Some of these cryptoassets will not be used for years, meaning they have no utility value.”

 

How do you see bitcoin by the end of 2018, what are your predictions , share your views in the comment section below.

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SOURCE : https://cointelegraph.com/news/crypto-experts-predict-2018-bull-run-bitcoin-to-50k-overall-market-cap-to-1-trln

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