What did experts say about Bitcoin’s 2018 journey?

Bitcoin crowned its price journey last year, which started with $996, reaching $20,000.. Despite the high volatility in the last few days of the year, it still outstripped all other asset classes in terms of its returns.

Now the question on everyone’s mind is: What will happen to Bitcoin in 2018?

Some experts, They predict that in 2018 Bitcoin will grow by more than 3x its record value of $20,000.

Bitcoin.com senior editor Mike Dumont said, “Bitcoin could reach $60,000 by December 2018. ”

Medicalchain’s senior executive, Mohammed Tayeb, has a similar opinion to Dumont.. Tayeb, “Bitcoin could reach $50,000 by the end of next year.”

Saxo Bank, on the other hand, thinks that Bitcoin will experience wild fluctuations in 2018.. Bank forecasts a drop to $1,000 after a possible rise of $60,000. Similarly, crypto entrepreneur Julian Hosp thinks Bitcoin will drop to $5,000 but still touch $60,000.. Hosp isn’t sure what level it will reach first.

Arthur Hayes, CEO of BitMEX, a leveraged trading exchange for bitcoin and cryptocurrencies, thinks that high volatility is reflected positively as it generates more news about Bitcoin.. Hayes, stressing that Bitcoin is a speculative asset and that people should not invest more than they can afford to lose, predicts that the price of Bitcoin will reach $50,000 in 2018.

On the other hand, Saxo Bank strategist Kay Van-Petersen, Bitcoin He says that prices will reach the range of $50,000-100,000 in the next 6 to 18 months.

Lastly, cybersecurity expert John McAfee, who attracted attention with his extraordinary life and discourse, also made a prediction about the future of Bitcoin in 2018. had been found. McAfee predicts that the cryptocurrency will rise tenfold this year.

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