Bitcoin might reach $ 25,000 in 2018

Home » BITCOIN » Bitcoin might reach $ 25,000 in 2018
Photo: Future of Bitcoin
Bitcoin might reach $ 25,000 in 2018

The well-known trader and analyst Ton Weis gave a “moderate” forecast for 2018, saying that the price of Bitcoin would reach $ 25,000. He stressed that it is too early to speak about any figures in the current conditions.

According to Weiss, a more accurate forecast can be made after the stabilization of the cryptocurrency market, which experienced a large-scale correction and outflow of capital. At the same time, he is convinced of the relatively rapid recovery of Bitcoin.

He is echoed by the well-known financial analyst, crypto-enthusiast and founder of investment firm Standpoint Research Ronnie Moas said that Bitcoin will reach $ 28,000 throughout the current year.

However, not all experts agree with this opinion. The strategic director of financial company Meraglim, James Rickards, believes that the current price of bitcoin is too high, so he remains a staunch supporter of the bearish trend.

“I do not understand how anyone justifies such high predictions. I think that the Bitcoin rate will go to around $ 200. After that, only criminals will use it, and the price will continue to fall, “he stressed.

  • bitcoinBitcoin$3,969.99
  • ethereumEthereum$148.04
  • rippleXRP$0.321556
  • tetherTether$1.00
  • eosEOS$3.87
  • stellarStellar$0.090726
  • litecoinLitecoin$49.42
  • cardanoCardano$0.045793
  • tronTRON$0.024968
  • moneroMonero$50.82
  • iotaIOTA$0.301412
  • nemNEM$0.043937
  • dashDash$85.79
  • neoNEO$8.70
IBM used blockchain to ship 28 tons of citrus fruits from China to Singapore
On the eve of the Chinese New Year celebration, the technological giant IBM delivered 28 tons of oranges and tangerines from China to Singapore. When issuing a bill of lading confirming the contract of shipment, the blockchain technology was used, reports CoinDesk. IBM experts note that the electronic bill of lading (e-BL) has accelerated administrative […]
2019-02-19 0 13
What Can I Buy with BTC and What Sites Use It?
In the autumn of 2017 cryptocurrency fever triggered a high interest among trade agents in using BTC as payment method both for online and offline commerce. People were thrilled and excited. Searches on Google like “where to pay with bitcoin”, “where to spend bitcoin”, “bitcoin stores” were most frequent those days.  Unfortunately, raising fees for […]
2019-02-18 0 41
The media confirmed the launch date of the test network Telegram Open Network
The Telegram Open Network (TON) blockchain platform, behind which the popular messenger operator stands, is 90% complete, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram […]
2019-02-11 0 16
Media: the cost of the Telegram internal cryptocurrency could reach $ 30 billion
By the end of 2019, the total cost of the internal token Gram of the blockchain project Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports with reference to the report HASH Crypto Investment Bank. According to the investment company, the target cost of 1 Gram token by the end of 2019 […]
2019-02-07 0 13
© 2017–2018