If you check out coinmarketcap.com you will see a lot of red. This has been happening a lot in the last month. Prices are currently down around %7 and this includes the alts. Ethereum is down %10 and so is steem. But there are people who think this is temporary. Not only that but the market is going to rally all the way up to 30k by the end of the year. I do not know what will happen but I would like to see another run like we have last year.
The man who thinks it will hit 30k is David Blake and he is not alone in his optimism for the coin. His prediction comes from the fact that new firms and wall street are showing more interest and they will bring in a lot of value to the coin. This is why regulation is good for the market as it makes people more comfortable to enter the market.
Personally I think it will be the apps that bring the attention to the market. I can be off and this might be next year but I think we are going to start to see mainstream adoption this year with games and social media.
What do you think?
Here is the article for more info:
https://www.inverse.com/article/42803-bitcoin-cryptocurrency-expert-prediction
