After Bitcoin’s crazy and amazing run last year, many have come up with bold predictions onto what Bitcoin will achieve in the future. Well, after Bitcoin showed no signs of slowing down last year, you can’t blame anyone for not foreseeing Bitcoin hitting the brakes this year. In actual fact, Bitcoin jammed on the reverse so hard that many who got in at some unfortunate highs might have experienced a heart attack or two.
Even if you don’t want to risk with your money, you can use Bitcoin simulator to practise Crypto trading and see if those predictions will come true
No one knows exactly what is going to happen to Bitcoin but many hopes that most of the predictions will come true. Many are still clinging on and staying in this game for history could very well repeat itself. Here are some predictions by experts which might seem hard to believe at this point.
The co-founder of a research company called Fundstrat Global. He has predicted that Bitcoin will touch $25000 in 2018 and $125000 by 2022. His predictions are based on data science and strong statistics. He is well known for his bullishness on Bitcoin and Ethereum.
Many would have known him as the founder of the McAfee computer security company. However, he has indeed made quite a big scene during the time Bitcoin went on the rampage. He is one of the most bullish person on Bitcoin and has predicted it to hit $1,000,000. He even tweeted that he will eat his weenie if Bitcoin doesn’t touch $1 million by 2020.
He is a veteran investor in traditional markets and was one of the first blogger to recommend Bitcoin in early 2011 when Bitcoin was $0.25 a piece. He uses his Mayer-Multiple approach which suggest Bitcoin to hit $115,000 at the end of this year.
Jameson currently runs the Casa wallet and is one of those who predicted Bitcoin to hit astounding numbers by 2020. He has calculated the 7 year trend of Bitcoin price using a daily value change and has arrive at the price of $250,000 by 2020.
Tim Draper is another of those who predicted Bitcoin to touch $250,000 but by 2022. He is an American venture capitalist and the founder of Draper University. His fame was also due to him purchasing 30000 bitcoins in a Us Marshals auction in 2014 from the Silk Road market incident.
The Co-Founder and CEO on the cryptocurrency exchange Gemini. He and his twin brother hold around 100,000 Bitcoins and predict Bitcoin to hit $320,000 in the future. Well if that happens, the rich indeed get richer!
He is an analyst at Saxo Bank and predicts that Bitcoin can touch $100,000 this year with some institutional hype.
Bobby Lee is a board member of the BTCFoundation and the founder of China’s first Bitcoin exchange(BTCC). He is raising the bar higher by predicting Bitcoin to surpass $1 million.