We have entered the second quarter of 2018 and Bitcoin price seems to be slowly recovering from its January losses. While Bitcoin HOLDers are feeling bullish in terms of the long-term forecast for BTC, we look at 10 Bitcoin price forecasts from cryptocurrency experts.
17 April, AtoZ Markets – In spite of the critics calling Bitcoin “a bubble” and saying that this bubble is going to pop soon, bulls do not leave their positions, as the first quarter of the year can be characterized as mostly bullish.
The recent price development of Bitcoin comes as another sign that bullish traders are not ready to give up. BTC’s behavior in April has significantly changed the sentiment in the market.
10 Bitcoin Price Forecasts from Cryptocurrency Experts
As of the moment, there are countless Bitcoin predictions, while some are positive, and others are pessimistic. In this article, we look at 10 most recent Bitcoin price predictions for the upcoming years.
John McAfee: Bitcoin at $1,000,000 by December 2020
John McAfee has made headlines back in 2017, swearing that BTC will reach $1 million by 2020. However, this week, he has revised his forecast – down to $500,000.
Tim Draper, Brian Kelly: Bitcoin to hit $250,000 By 2022
As we reported yesterday, Brian Kelly has backed the forecast from Tim Draper. The latter has earlier stated:
“Believe it, it’s happening.”
Kay Van-Petersen sees BTC reaching $100,000 by December 2018
Famous Bitcoin bull, Van-Petersen has previously been quite accurate with his outlooks. At the beginning of this year, he has stated that the price of Bitcoin will rise to $100,000. This is despite the fact that the fall from $20,000 to under $6000 was already happening.
John Pfeffer: Bitcoin’s value at $75,000 by December 2018
This January, Mr. Pfeffer has issued a report describing Bitcoin’s probable future movements. He has stated that $75,000 was “ a realistic” scenario for this year.
Anthony Pompliano predicts $50,000 by December 2018
Earlier this February, Mr. Pompliano has suggested that Bitcoin can easily rebound to $50,000 by the end of the current year.
Alistair Milne: $35,000 by 2020
In his recent tweet, Mr. Milne, a famous investor, has stated that his less optimistic Bitcoin price forecast stands at $35,000 by the time the Bitcoin block decreases 50% in 2020.
Max Keiser: Bitcoin’s value at $28,000 in sight
Max Keiser has shown a lot of enthusiasm in regards to Bitcoin’s price this year. He sees $28,000 in sight.
Fundstrat Global Advisors: $25,000 By December 2018
Tom Lee, another famous Bitcoin bull, has reiterated his Bitcoin’s price forecast. He has stated that he is “confident” that prices will hit $25,000 by the end of 2018.
Pantera Capital Forecasts BTC at $20,000 by the end of 2018
The CEO of Pantera Capital Forecasts has stated that he has “rarely had such strong conviction on timing,” while he considers a $20,000 Bitcoin price in December of 2018.
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