Over the past couple of months there has been some pretty bold calls regarding cryptocurrency and bitcoin specifically.
Below are the summarized predictions by some of these bullish analysts.
They don't have a crystal ball any more than the rest of us do, but some of them have deep ties to the financial industry and have been making predictions in finance for some time.
Some of them with decent track records.
We will start with the lowest price predictions first:
Pantera Captial.
Pantera Capital is one of the earliest hedge funds in the space and says that bitcoin will likely hit $20,000 by the end of 2018.
Tom Lee (Fundstrat Global Advisors).
Tom Lee and Fundstrat have been one of the few wall street research firms covering cryptocurrencies and the say that bitcoin will likely hit $25,000 by the end of 2018.
Max Keiser.
Max Keiser, the host of Russia Today says that bitcoin will likely hit $28,000 by the end of 2018.
(Source:
)https://twitter.com/maxkeiser/status/970737929441169408
- maxkeiser
Alistair Milne.
Alistair Milne is major British investor that says bitcoin will likely hit $35,000-$60,000 by the next bitcoin reward halving, which is set to take place in 2020.
(Source: https://ambcrypto.com/bitcoin-btc-predictions-by-top-influencers-250k-by-2022-bullish-all-the-way/)
Anthony Pompliano.
Anthony Pompliano is a major cryptocurrency investor with ambitions of tokenizing the world that says bitcoin will likely hit $50,000 by the end of 2018.
John Pfeffer.
John Pfeffer is an institutional investor that says that bitcoin will likely hit $75,000 by the end of 2018.
(Source: https://moneymorning.com/2018/01/09/this-bitcoin-price-prediction-says-75000-reachable-in-2018/)
Kay Van-Petersen.
Kay Van-Petersen works as an analyst at Saxo Bank and he says that bitcoin will likely hit $100,000 by the end of 2018.
Tim Draper.
Tim Draper is a tech investor that says bitcoin will likely hit $250,000 by 2022.
Brian Kelly.
Brian Kelly is a trader on the CNBC show Fast Money and he says that bitcoin will likely hit $250,000 by 2022.
(Source: https://cryptocurrencynews.com/daily-news/bitcoin-news/bitcoin-at-250k/)
John McAfee.
John McAfee developed the anitvirus software by the same name and he says that bitcoin will likely hit $1,000,000 by the end of 2020.
(Source: https://www.ccn.com/despite-bitcoin-crash-mcafee-holds-his-1-million-by-2020-bet/)
There you have it, some big names making big predictions for the world's largest cryptocurrency.
If you'd like to read more about why they think a particular price might be hit, click the link next to each name for some more specifics on why they think what they think.
The majority of these predictions are for the end of this year so we will be able to tell very quickly whether many of these predictions turn out to be correct or not.
Stay informed my friends.
Image Source:
http://www.strangehistory.net/2016/01/02/the-world-in-2030-predictions/
