5 minutes agoBitcoin will go to $100,000, analyst predicts
Periskopi(8 years ago)
(8 years ago)If you're one of those investors who's lost almost half the value of his wallet, you're certainly feeling pessimistic about cryptovalus. But an analyst has good news for you, saying Bitcoin will be worth $100,000 this year. Kay Van-Petersen, an analyst in [...]
If you're one of those investors who's lost almost half the value of his wallet, you're certainly feeling pessimistic about cryptovalus.
But an analyst has good news for you, saying Bitcoin will be worth $100,000 this year.
Kay Van-Petersen, an analyst at the Danish Shaxo Bank, says the world's most famous virtual currency could rise to $100,000 this year.
In December 2016, he had predicted that Bitcoin would reach $22,000 in 2017, and it proved fair when the value of this coin exceeded the forecast in May and peaked in December 20,000 dollars, the newspaper Express broadcast.
He said that the recent declines in Bitcoin could be a sign that his large growth is on its way.
This graph shows Bitcoin's bad performance over the past week:
If future markets succeed, the Kryptonal path could be golden.
“Bitcoin has had a 50% drop, which is healthy. But we have not yet seen the full effect of future contracts”, Van-Petersen told CNBC.
He suggested Bitcoin would be “ri-valued” at an even higher price and added: “It's like building a foundation, then it would be re-evaluated slightly higher”.
Bitcoin has been at the price of almost half this week, with numerous experts describing the drop as “bleeding”.
His fall was prompted by fear that all cryptomoneds would suffer a global decline. Germany's Bank, Bundesbang, has called for a global overhaul of Bitcoin, while the finance minister in France has demanded stricter regulations for cryptomonedhat.
