Bitcoin’s price has plummeted to a 2- month low carrying on miserable start to 2K18 for the cryptocurrency.
But Investors have given their predictions 4 the future of the cryptocurrency.
Bitcoin & the cryptocurrency craze has had a rocky start to 2018 plunging to a two-month low of $7,600+.
But that does not mean it is all bad news for the bitcoin.
Here are some experts predictions on where the digital currency mania is going.
At the start of the year Block-chain Capital partner Spencer Bogart predicted that bitcoin’s price could rise to levels of up to $50,000 in 2018 over double its highest price in 2017.
Mr Bogart said the Bitcoin price will rise with the help of institutional investors.
He told CNBC Institutional investors that want to play in this market even if they do they are going to wait a little bit & either dip their toes in the water or just wait on the sidelines until they see the products themselves function.
Last Year Bitcoin Price was under $1.5k- $2k
