Bitcoin will hit $50k mark by the end of 2018. Yes that's not my prediction. That is the prediction sustained by Arthur Hayes, CEO of BitMEX. Those who don't know what BitMEX is let tell me you BitMEX is a trading platform offering derivatives products on top of Bitcoin. BitMEX is a new type of Bitcoin exchange, BitMEX is built by finance professionals with over 40 years of combined experience.

In an interview for CNBC, Hayes explained that its very normal for bitcoin to hit that $50k mark as a 6k value. He thinks that bitcoin found its bottom. If something can go up to 20k in less than a year & then correction to 6k. He believes that one regulation news will impact the whole crypto space. With that kind of news bitcoin can easily surpass that golden mark of $50k.

According to his statement so far bitcoin trading volume has tripled this year alone. As a CEO of BitMEX he said that BitMEX is having a great year so far when it comes trading volume of bitcoin.

So at the end after i found this news i am sure bitcoin or crypto market is not going anywhere. Those who are still panicking about bitcoin price i believe this will help you to relax little bit . Bitcoin is a long term investment its not a rich quick scheme. If you want to rich over night, crypto market is not the right place for you. You should have patience to earn big time with this crypto market.

Hope you find some new information from my article. If you think i deserve a upvote & comment then please do so. Most importantly if you upvote my post then do comment below that i upvoted your post. So i can do the same.

Have a great day ahead.

Thanks

Dhanjyoti Kalita