Phillip Nunn has said that he still believes that Bitcoin will go upto $60,000 . by the end of 2018 . The CEO of The Blackmore Group and Wealth Chain Group stated again strongly his January price prediction.
He believes that many cryptocurrency project will fail this year but he still believe that as he told in jan 2018 when the price was around $20000 he predicted that bitcoin price will come down to $6000 and he still thinks the price of #bitcoin will go upto $60000 in 2018.
Null said “All the money that exists in crypto at the moment is from the public, so it’s all about market sentiment. A flood of bad news can wobble the market, stuff like regulation. The industry is so small that there’s market manipulation.”
As per BusinessCloud, Nunn has a strong belief in the transformation power of blockchain technology. He goes as far as the state that it has the potential disrupt every industry on the planet. He also believes that decentralised companies are the way of the future.
When Nunn was asked to comment on the rest of the cryptocurrency market, he accepted that he thought most of the digital assets of today would vanish in the coming years. However, for Nunn, the largest cryptocurrencies by market capitalisation are not going anywhere
Null Said “What you have is the core market like #Bitcoin, #Ethereum, #Litecoin and #Ripple, to name a few, that are really solidified in the market. They’re the fabric of the industry, if you like.”
We hope and firm believe in the Hedge fund manager #bitcoinprice prediction as we have seen #btc from $400 to $20000 in just 2 years time.