Julian Hosp: Bitcoin will rise to $ 60,000 by year-end
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Co-Founder of TenX Julian Hosp predicts a sharp increase in the prices of Bitcoin to $ 60,000 by the end of this year. Hosp noted that the development of cryptocurrencies is even in spite of the correction of the stock market. It is reported .
theWhy should I buy Bitcoin
One of the purposes of the forecast co-founder of TenX has already been done.
When the price was at its peak around 20,000 dollars, I was sure that in 2018 we will see the 5000 and 60 000 dollars per one bitcoin. To the first mark we're almost there, so let's see whether the coin to fulfill the second part of my prediction. I'm still confident in it.
Recall that the annual minimum value of Bitcoin was recorded at the level of 5700 dollars. After a couple of weeks the main cryptocurrency managed to grow by almost $ 1,000. After the recent Bitcoin traded at around 6350 dollars.
Hosp recognizes that his projected scenario "very loud and positive event." They can become the first cryptocurrency market ETF or the announcement of positive news for Bitcoin from one of the leading countries of the world. If none of the above happens, bitcoin will be very difficult to get to $ 60,000 in the near future.
The purpose of the Hosp will remain in force only when Bitcoin will overcome $ 10,000 in August.
If we see $ 10,000 by the end of August, the path to the peak period of cost will not be so difficult. Increasing attention from the media will only accelerate the bullish trend of cryptocurrency.
The Main reason for the continuous correction of Bitcoin can become rigid regulation from governments and numerous cases of hacker attacks on the crypto currency exchange. However, after the SEC about the status of Bitcoin and Ether the stock market is still a little better.
One of the developers of the company ConsenSys, on the contrary, said the price of the digital asset is not too important. Joseph Lubin admitted to CNBC that his firm focuses on creating the necessary infrastructure for the crypt.
I can take care of myself. If our coin has a high volatility, that's good. So it can attract the entrepreneurs and developers who already work on the fundamental advantages of cryptocurrency.
Recall, the Russian experts are rather skeptical attitude to the future fate of Bitcoin. To discuss the analysts in our .
Julian Hosp: Bitcoin will rise to $ 60,000 by year-end appeared first on Two Bitcoin.
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