Let’s take a look at the famous Bitcoin predictions:
#1 John McAfee Bitcoin Price Prediction
John McAfee, the founder of the popular McAfee software and an ardent Bitcoin follower predicted that Bitcoin will hit $1 million by 2020 following last year’s prediction of $7000 which was well surpassed.
#2 Kenneth Rogoff Bitcoin Price Prediction
Kenneth Rogoff, a Harvard professor, better known as ex-International Monetary Fund(IMF) chief, puts ice water on the hopes by saying that the Bitcoin bubble will burst and it would reach low to $100 and not, $100,000.
#3 Tom Lee Bitcoin Price Prediction
Tom Lee, ex-Chief Equity Strategist JP Morgan, and head of research of Fundstrat, believes that Bitcoin would reach $25K, as he is counting on more institutional investors taking on Bitcoin and a steady increase in Bitcoin user base.
#4 Jeet Singh Bitcoin Price Prediction
Jeet Singh, a cryptocurrency portfolio manager spoke in the Economic Forum in Davos saying that he believes Bitcoin would reach $50,000 by the end of this year. He warned of heavy price fluctuations which are happening, which he believes is only normal for a cryptocurrency market that is still maturing.
#5 Tim Draper Bitcoin Price Prediction
In 2014, when BTC was valued at $413, none but Tim Draper, the popular Venture Capitalist predicted that Bitcoin would reach to $10,000 in a period of three years. Though he didn’t categorically predict a $100k Bitcoin in 2018, he said he expected the Bitcoin to continue its growth drastically, in an interview with Bloomberg last year.
#6 Llew Claasen Bitcoin Price Prediction
Llew Claasen, the director of the Bitcoin Foundation made a bold statement to reassure Bitcoin believers that the largest cryptocurrency will reach $40,000 mark, even if it takes a downfall.
#7 Michael Novogratz Bitcoin Price Prediction
At the Finance Disrupted event organized by The Economist in Manhattan Mike Novogratz, former hedge fund chief and founder of Galaxy Digital stated that he believes that BTC won’t reach$9K this year, and its likely to break beyond $10,000 in the around the second quarter of 2019.
#8 Cameron Winklevoss Bitcoin Price Prediction
Cameron Winklevoss, co-founder of the crypto exchange - Gemini and the fourth wealthiest cryptocurrency investor predicted that BTC will go up by 40% someday.
Now, we understand why he was so sure of his predictions as he and his brother had the inclination to apply for the Bitcoin ETF( exchange-traded funds) to the U.S Securities and Exchange Commission.
#9 Bobby Lee Bitcoin Price Prediction
Bobby Lee, CEO of China’s first exchange- BTCC also predicted that bitcoin will surpass $1 million but instead of the time frame being 5 years as predicted by McAfee, Bobby Lee gave way too conservative a prediction stating 20 years