Bitcoin and other crypto money markets have experienced a sharp decline in the past six weeks and many investors are now waiting for the light at the end of the tunnel. Last year, experts and consultants were expecting a big increase in 2017. Although the crypto money market has declined lately, many Blockchain industry leaders and investors are optimistic estimates for 2018.
“Wall Street Kurdu” Says BTC / USD Markets Will Reach 50,000 Dollars
Since 16 December 2017, the crypto money markets have been in a downward trend, which seems to never end. BTC / USD markets have reached around $ 19,600 worldwide. However, in the last six weeks there has been a decline of up to $ 6,000. Some experts say there is an end to the tension, but there is a different segment that thinks that the decline will continue. So, the experts draw many different “bottom” lines. However, many crypto money investors and industry managers think that 2018 will be an extraordinary year for Bitcoin, just as it was in 2017.
In a recent interview with Patrick Bet-David, known as “Wall Street Kurdu”, Jordan Belfort said that he did not believe Bitcoin was a deception; but Wall Street investors could easily manipulate decentralized crypt money. Belfort also claimed that Bitcoin’s value will be higher than last year’s high and will increase by 50,000 dolars. He added that after this huge increase, there could be a big downfall.
Tom Lee: “Bitcoin’s Positive Story Did Not Deteriorate”
Tom Lee from Fundsart, an investment firm, explained in detail that he was fighting strongly with Bitcoin’s current downward trend in a report he published three days ago. Lee believes the BTC / USD market will reach $ 20,000 by the middle of the year and $ 25,000 toward the end of the year.
At the beginning of his research, Lee, “We had a few horrible weeks, but the positive story at the base of the crypt money was not broken.” said. Lee also added: “When we look at past sales, there is a 150% increase in sales in 84 days. In other words, even if there are extra damages, the risk of reward received at these levels is guaranteed. ”
Forecasts for Bitcoin Value at the end of 2018
This week, Finder.com conducted a survey with nine renowned FinTech investors to determine 2018’s cryptographic currency forecasts. This work; Bitcoin, Bitcoin Cash, Cardano, Ethereum and nine other popular crypto money. Participants were Clayton Daniel, CEO and founder of Wyre Inc. Michael Dunworth, Joseph Raczynski of Reuters and many well-known managers.
According to the survey , according to participants’ average price expectations, Bitcoin will be $ 14,928 by March 1, 2018. By the end of the year, the BTC / USD markets will exceed $ 43,472. According to the participants, Bitcoin Cash will reach $ 2,167 until March 1 and $ 3,083 by the end of the year. According to the survey, Cardano’s price expectations were determined at $ 10.63. Besides, each participant had to explain their estimates and why the crypto money markets would reach these levels.
We’re still in the Initial Stage
Jen Greyson, CEO of Neureal Network, who was shown among the first eight women in crypto money by Chipin last year, says the adoption period of crypto money has just begun.
Greyson, ” As the adoption process continues, we will see an increase in the bitcoin value along with the subcoins. However, in the adoption process, we will continue to have problems with the availability of this new asset class .”says. Greyson adds: ” Values will constantly increase until we have more opportunities to buy cigarette money to buy burgers or pay our bills. We are really much ahead of you. ”
There are many people who believe that Bitcoin and other crypto money will continue to rise in 2018, although the mainstream media has said that the price of Bitcoin has fallen to the nose. Looking at these views, 2018 will be the year of crypto money as it was last year.
Source: I news.bitcoin.co