This article was originally posted on Bitcoinist - one of the leading sources for information about Bitcoin, digital currency and blockchain technology. With one of the most reliable news teams in the industry, Bitcoinist provides up-to-date news and insightful analysis. For more follow the link below.
Bitcoin prices can only go higher – much higher – according to no fewer than ten expert predictions for 2018.
Experts: Bitcoin Will Cost At least $20k By 2019
Despite a stubborn bull market characterizing Bitcoin in Q1 this year, naysayers calling time on the alleged cryptocurrency ‘bubble,’ April’s price uptick has reversed sentiment throughout the industry.
Now, traders, commentators, investment players and financial professionals alike are releasing their sky-high Bitcoin price forecasts, with some saying massive changes will occur by December.
10. Pantera Capital: $20,000 By December 2018
Dan Morehead, the investment firm’s CEO, told recipients of an April newsletter that he has “rarely had such strong conviction on timing” as he planned a $20,000 Bitcoin price in 2018.
9. Fundstrat Global Advisors: $25,000 By December 2018
Fundstrat’s famously bullish co-founder Tom Lee went on record again last week to confirm his belief that Bitcoin’s bear market is loosening its grip. Lee is “confident” that prices will reach $25,000 before 2019, having previously eyed a $125,000 surge by 2022.
8. Max Keiser: $28,000 ‘In Play’ As Of April 2018
Following a personal interview with Bitcoinist last week, the renowned Russia Today host continues to hold plenty of enthusiasm about Bitcoin’s next moves. $28,000 – a full $8000 more than December 2017’s all-time high – is already “in play,” he tweeted Sunday.
7. Alistair Milne: $35,000 – $60,000 By Next Block Reward Halving
Summarizing various price predictions in a tweet April 15, the serial investor reiterated his belief that even under less optimistic conditions, $35,000 per bitcoin is on the cards by the time the block rewards reduces 50% again in 2020.
6. Anthony Pompliano: $50,000 By December 2018
Speaking to mainstream media in February, as BTC/USD fell below $7000, the Full Tilt analyst said he “easily” foresaw prices recovering to $50,000 by the end of this year.
5. John Pfeffer: $75,000 By December 2018
In Jauary, the London-based investor produced a report examining likely Bitcoin price scenarios, and claimed that $75,000 was realistic for this year. In additional comments to the press, Pfeffer added this was very much just an “interim target.”
4. Kay Van-Petersen: $100,000 By December 2018
Another long-time Bitcoin bull, Van-Petersen has had considerable luck in correctly guessing Bitcoin’s path for several years.
In January this year, the Saxo Bank analyst stated he believed prices will continue upwards to $100,000, even as the fall from $20,000 to under $6000 was already underway.
3 and 2. Tim Draper, Brian Kelly: $250,000 By 2022
Topping the list of the biggest Bitcoin bulls, CNBC host Brian Kelly joined investment mogul and serial HODLer Tim Draper last week in committing to a giant $250,000 per bitcoin in just four years’ time.
“Believe it, it’s happening,” Draper had told audience members at a self-organized Blockchain event on Thursday.
1. John McAfee: $1,000,000 By December 2020 (Or…)
While originally from 2017, McAfee made headlines for vowing to consume his own manhood if BTC/USD failed to attain $1 million by 2020.
This week, he doubled down.
Slowly. But Surely. The cryptoworld wizards are beginning to catch up with my Bitcoin price predictions. I stand fully by my certainty that there will be no dick eating on Dec 31st. 2020.https://t.co/mYyr6JhvJO
— John McAfee (@officialmcafee) April 14, 2018
(Credit to Alistair Milne for inspiring this article.)
What’s your Bitcoin price prediction for 2018? Let us know in the comments section below!
Images courtesy of Shutterstock, Twitter
The post Top 10 Expert Bitcoin Price Predictions For 2018 & Beyond appeared first on Bitcoinist.com.