Thomas Lee, head of research at Fundstrat Global Advisors, in his forecast predicts that the market will be worth $1.2 trillion & each digital token (each Bitcoin) will cost as high as $125,000 by 2022.
“While returns should be strong, we forecast returns to be lower than 2017,” wrote Thomas Lee, in a report. “We expect Bitcoin’s major low to be $9,000 and would be aggressive buyers around that level.”
Big analysts do say that this pullback was necessary & in the end we will see positive growth. Analysts all around the globe have predictions/forecasts of Bitcoin price anywhere from $22,000 to $100,000 for 2018.