Everyone wants to know the future. How would have been if you bought Bitcoin in 2010? We’ve gathered together a list of bitcoin price predictions for 2018 and the following years. No one can predict exactly the bitcoin price in 2018, but these expect might be close to it.
After 2017’s bull run in the crypto market, investors are wondering when Bitcoin will reach new all time highs. Will that be this year? The next one? Will bitcoin ever be worth $1,000,000 dollars? Let’s see what notable figures from the cryptocurrency world are saying about it. So, what are experts saying about Bitcoin future price?
John McAfee
He is one of the most notable figures in the crypto world, and also one of those who believe that Bitcoin will reach new heights in the future. According to him, Bitcoin will reach $1,000,000 dollars by the end of 2020.
At the same time, he said that his models predict a BTC between $1,900,000 and $2,600,000 dollars in the next 2,5 years.
When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bircoin at $1 million by the end of 2020. I will still eat my dick if wrong. pic.twitter.com/WVx3E71nyD
— John McAfee (@officialmcafee) November 29, 2017
Tim Draper
Mr. Draper, a popular VC, predicted in 2014 that bitcoin was going to reach $10,000. It means that his models were not so far from reality. But what about the future? Just some time ago, he said that the most important cryptocurrency in the market will be worth over $250,000 dollars in just four years.
John Pfeffer
The London-based investor has not been involved in cryptocurrencies during the last years. But he made a Bitcoin price prediction that is based on the likelihood of some developments that could take place during this and the next years.
According to Zerohedge, he said that Bitcoin can touch $90,000 dollars this year, being an interim target. In the future – two or three years – bitcoin price could grow up to $700,000.
Kay Van-Petersen
Kay Van-Petersen, analyst at Saxo Bank said that Bitcoin could reach new all time highs this year. The prediction that he did would place BTC between $50,000 and $100,000 during this year. Apparently, he makes a correlation between bitcoin price and the futures contracts:
“First off, you could argue we have had a proper correction in bitcoin, it has had a 50 percent pull back at one point, which is healthy. But we have still not seen the full effect of the futures contracts.”
Jeet Signh
One of the most important portfolio managers, Jeet Signh, has given his prediction for Bitcoin during this year. At the World Economic Forum in Davos he explained that ‘Bitcoin could definitely see $50,000 in 2018.’
Cameron Winklevoss
One of the founders of the cryptocurrency exchange, Gemini, said that bitcoin could be worth 40 times its current value. Why he say so? Because he compared the market cap of gold with this of bitcoin.
During an interview with CNBC he commented:
“So if you look at a $100 billion market cap today, now last week it might have been more like 200, so it’s actually a buying opportunity, we think that there’s a potential appreciation of 30 to 40 times because you look at the gold market today, it’s a $7 trillion market. And so a lot of people are starting to se that, they recognize the store of value properties.”
Moreover, he said that Bitcoin is very unappreciated as an asset due to the fact that it has a fixed supply, and there is an increased demand for it.
Thomas Lee
As reported some days ago at UseTheBitcoin, Thomas Lee, Managing Partner at Fundstrat Global said that during 2018, the famous cryptocurrency could grow 70% after the Consensus 2018 Conference. Moreover, he also predicted a $91,000 price until 2020.
Mr. Lee wrote:
“Already one of the largest crypto conferences in the world, attendance this year is up dramatically and coming at a time when Bitcoin/Crypto is down YTD. Hence, we expect the Consensus rally to be even larger than past years.”
Dan Morehead and Pantera Capital
According to Dan Morehead, CEO of Pantera Capital, Bitcoin could reach new highs during this year. “Bitcoin could drop 50%,” he said, but it can be much higher than the last all time high in December 2017.
“Bitcoin could be down 50 percent next week… where it was a month ago, but in a year it’ll be much higher than it is today,” he said at the end of 2017.
Anthony Pompliano
The American entrepreneur and investor, Anthony Pompliano said that Bitcoin could reach as much as $50,000 dollars during 2018. That menas that he is very bullish on Bitcoin considering that bitcoin was always traded under $20,000 during 2018.
Max Keiser
Another important figure in the cryptocurrency sphere, Max Keiser, said that bitcoin could be reaching $28,000 in the near future. In a tweet he wrote:
“#Bitcoin double-bottom holds. New ATH in play. $28,000 in play.”
#Bitcoin double-bottom holds. New ATH in play. $28,000 in play. pic.twitter.com/MQ1r6H0bPe
— Max Keiser (@maxkeiser) April 15, 2018
