Bitcoin surpassed the $10,000 limit on Nov. 27, and today we have another record of $11,000 dollars. It's crazy how Bitcoin rising up.
Well-known analyst Mike Novogratz said in a few weeks ago that the bitcoin price would reach $10,000 before the end of this year and now he said:
“Over the medium term, this thing’s going to go a lot higher.”
He now believes that the crypto market cap will reach as high as $2 trillion by the end of 2018 representing a sixfold to sevenfold increase over its current level. And if investors are able to resist the urge to take profits, he says the long-term prospects are even more attractive, both for bitcoin in particular and crypto assets in general.
“If gold’s $8 trillion, I’m wondering why bitcoin can’t get there,” he concluded.
WHAT DO YOU THINK? BITCOIN WILL BE RISING?
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