The top 5 bitcoin price prediction soaring to a new level:
- BTC = $1 Million by December 2020 – John McAfee
The Cybersecurity pioneer, John McAfee has raised the bet on his bitcoin price to $1 million before the end of December 2020 with a tweet:
“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my dick if wrong.”
This forecast without a doubt has the bitcoin aficionados and cynics praying for it to be valid.
- BTC = $250,000 by 2022 – Tim Draper
Another bullish forecast has been made by the investment mogul, Tim Draper.
“I’m thinking $250,000 a Bitcoin by 2022. Believe it, it’s going to happen – they’re going to think you’re crazy but believe it, it’s happening, it’s going to be awesome!”
Brian Kelly, the CNBC host have additionally predicted the $250k price value for bitcoin by 2022.
- BTC = $100,000 by December 2018, Kay Van-Petersen
Kay Van-Petersen is a strategist at Saxo Bank who predicted the bitcoin prices to ascend between $50,000 and $100,000 before the current year’s over.
In December 2016, Van-Petersen projected the BTC prices to reach about $2,000 level in 2017 which took a surge of in excess of 100 percent and came to $20,000.
- BTC = $25,000 by December, 2018 – Tom Lee
The Wall Street advisor, Tom Lee projected the bitcoin prices to reach $25,000 when the year closes. Lee trusts that as the bear market releases its hold, the bitcoin prices will reach $25k before 2019 and additionally put his 2022 bitcoin price forecast at $125,000 level.
- BTC = $20,000 by December 2018 – Pantera Capital
The CEO of the investment firm, Dan Morehead predicts BTC prices to reach $20,000 in 2018 while saying he “rarely had such strong conviction on timing”
It’s not the first time that the specialists are predicting the price of Bitcoin. In 2014, the bitcoin price was lower than $320 which investors accurately predicted to go above $10,000 in 2017.
BTC has been experiencing an unpleasant time of late, however, it’s nothing strange. Simply a week ago bitcoin was around $6,500 level that endured a hit for the current week and reached above $8,000 mark.
In spite of the fact that there is no lucidity on what caused this surge in BTC prices, one of the variables is the US tax season reaching an end which a week ago was one of the elements for the heavy trading of bitcoin.