5 Bitcoin Predictions From Experts

1. Saxo Bank’s Bitcoin Prediction

Saxo believes that Bitcoin will skyrocket this year immensely. They say that Bitcoin’s price will go up to $60.000 and they also claim that bitcoin will later crash after reaching the stunning $60.000 and it will lose almost 95% of the value. Saxo Bank believes that Russia and China will plot an engineered crash for bitcoin. Also, they believe that Bitcoin will crash because of regulations.

2. Spencer Bogart

Spencer Bogart made a bold prediction that by the end of this year, bitcoin will increase for more than $45.000. He says that bitcoin will jump thanks to huge investments made by popular companies but also from investment banks too. Spencer believes that more people and the banks as well saw how much money people make with Bitcoin and they wouldn’t want to miss out.

3. Mihail Lala, Founder of Wawllet

Mihail Lala has a bitcoin price prediction for the long term. He says that Bitcoin can reach up to $90.000 by 2020! His price prediction is closest to the one John McAfee made saying that Bitcoin will reach a stunning $ 1 million.

4. David Garrity- CEO of VA Research

David Garrity is one of the few experts who believe the total opposite than the before mentioned experts. He believes that bitcoin will crash as low as $5.000 by the end of 2018. However, he says as soon as the year ends, the price will go back up. Garrity said that we should always ask ourselves: when is bitcoin going to crash?

5. Nicholas Colas

Co-founder of Data Trek, Nicholas Colas says that Bitcoin is absolutely a bubble based on the events that happened last December. He even urged investors to be very careful when investing in cryptocurrencies.