Russian investment experts predict that the uptrend in the price of the most popular cryptoprotein Bitcoin will continue at a slower pace than in 2017 or even in 2018.
Pointing out that the price of bitcoin has increased by 20 times in 2017 and tested the $ 20,000 limit, Russian experts think that it is possible to increase the price 3-4 times, though not so much in 2018.
Speaking to RIA Novosti, Prime Capital IC Vice President Svetlana Ivanova said, "2017 was the record year for Bitcoin, and I expect that Bitcoin price will continue to grow in 2018 and reach $ 50,000."
Russia's Crypto-Money and Blockchain Association's President Yuri Pripachkin predicted a more positive approach and that the price would increase 3-5 times. "It is quite possible that the price of bitcoin will reach 100 thousand dollars," Pripachkin said.
"The uptrend in Bitcoin will continue in 2018, but the growth rate will slow down and correction periods will increase," said Natalya Milchakova, vice president of analytic research at Alpari Company.