Alive: analysts have confirmed the Bitcoin forecast at 20 thousand dollars to the end of the year

Date:

2018-09-03 20:00:06

Views:

3509

Rating:

1Like 0Dislike

Share:

Alive: analysts have confirmed the Bitcoin forecast at 20 thousand dollars to the end of the year Source:

In the past month, Bitcoin was fixed at 6.5—7 thousand dollars, and on the weekend it passed the resistance level of 7.2 thousand dollars. Based on these successes coins Foundstrat founder Tom Lee and the head of RT Max Keiser confirmed its forecasts for growth the first cryptocurrency to 20 thousand dollars and above in the short or medium term. About the famous cryptocurrency optimists writes .

According to Keyser, the price of Bitcoin in 28 thousand dollars by the end of the year is still quite a likely scenario. Cause growth the first cryptocurrency analyst called the arrival on the market of institutional investors that already have a robust solution for storing money.

the

When I grow up Bitcoin

Whether it adheres to the same position — according to him, the stock market has recently seen significant progress due to the arrival of institutional investors. However, while they prefer to conduct transactions outside of the exchanges, he added.

In an interview with Forbes, the founder of the Acadamie Jonathan Hamel said earlier that the refusal to accept the ten proposed SEC ETF over the past two months does not really matter for the market. According to him, now largest stock exchange by type of Coinbase and Bakkt invest a lot of money in the creation of tools for institutional investors. It's a far more promising direction than the ETF.

I do not think that the decisions of the SEC in the ETF market. Infrastructure for institutional investors only now being created, and the development of financial instruments for Bitcoin is inevitable.

In July Whether it has lowered the forecast on the exchange rate of Bitcoin from 25 to 22 thousand dollars by the end of the year. According to him, to achieve this increased rate of coins should equal the production cost. Not a bad figure, so wait at least.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Memorable August for mining-pool 2Miners. Start of production of MOAC, the bounty-the program on GitHub and new servers

Memorable August for mining-pool 2Miners. Start of production of MOAC, the bounty-the program on GitHub and new servers

On the streets of the crowd of students, so it's time to announce the results Aug. The last month of summer for mining-pool was cool. We are now available to residents of Europe, USA and Asia supported by production MOAC in PPLNS ...

HODL IT: as the main motto of the cryptocurrency will become a new reason for Bitcoin bullrun

HODL IT: as the main motto of the cryptocurrency will become a new reason for Bitcoin bullrun

«Hadl» not only became the motto of all investors, but the main reason for the success of cryptocurrencies. However, those who bought the crypt after November 2017, still suffering huge losses. And yet in the long run th...

As the price of Bitcoin is related to queries to Google? The analyst

As the price of Bitcoin is related to queries to Google? The analyst

Dutch economist and Advisor to the National Bank of the Netherlands, Joost van de Burgt discovered the dependence between the value of Bitcoin and the number of the request is the first cryptocurrency to Google. About it writes . ...

Everywhere divorce: McAfee refused to pay the reward for the bugs found in the wallet

Everywhere divorce: McAfee refused to pay the reward for the bugs found in the wallet

15-year-old hacker, Salim Rashid has published in his Twitter a video of breaking "unbreakable" crypto wallet Bitfi from John McAfee, removing any remaining questions about the security of the store. An hour later, representatives...

From zero to one million: how much really is Bitcoin?

From zero to one million: how much really is Bitcoin?

the Price of Bitcoins has not left the range of 5800 to 8000 dollars in the last three months. At the moment the crypto currency on the level of 7200 dollars. The real value of the asset is in a much broader framework. About it wr...

CRYPTOMACH / Taxes for miners in Russia, the decline in awards in the Ethereum network, forecast courses for 10 years and the top coins for the GTX 1080

CRYPTOMACH / Taxes for miners in Russia, the decline in awards in the Ethereum network, forecast courses for 10 years and the top coins for the GTX 1080

Come September. It's time to finally say goodbye to summer and to take stock of the last warm summer days. This tradition helps Cryptomach. Today think about the possible changes to the Russian miners, the fresh decision of the de...

Doggie style: why Dogecoin has risen by 83 percent in four days?

Doggie style: why Dogecoin has risen by 83 percent in four days?

One of the most popular cryptocurrencies suddenly increased by almost two times. Just four days Dogecoin has risen by 83 per cent. A sharp increase in the capitalization of the coins lifted her up to 23rd place among all cryptocur...

Coin Ghost: where did the national cryptocurrency of Venezuela?

Coin Ghost: where did the national cryptocurrency of Venezuela?

in the Midst of the worst economic crisis in Venezuela's history, nowhere main «Savior» the country's national cryptocurrency El Petro. Venezuelans are not using Petro in everyday life. About it writes . the El Petro. Wh...

10 000 000 per coin: what will happen to Bitcoin after the next halving

10 000 000 per coin: what will happen to Bitcoin after the next halving

To the new halving Bitcoin is little more than two years, but around this event already spread interesting rumors. In the history of cryptocurrency previous two reduce the reward for the block clearly coincide with the beginning o...

Matrix failed: NEO is the worst investment of August among the top 25 altcoins

Matrix failed: NEO is the worst investment of August among the top 25 altcoins

during August the fourteenth in terms of capitalization, the cryptocurrency had lost approximately 39 percent of its value against the dollar. According to the data, the worst investment in the last month of the top 25 coins on Co...

Poor: fraudsters earn in the hidden mining of only 5.8 dollars a day

Poor: fraudsters earn in the hidden mining of only 5.8 dollars a day

Sites where software is installed for covert mining Coinhive, on average, bring the creators only 5.8 USD per day. This is stated in the study of the Technical University of Braunschweig, which leads . Analysts estimate that on av...

The bottom of found: now Bitcoin will only grow

The bottom of found: now Bitcoin will only grow

Since the beginning of August the main cryptocurrency has lost almost 10 percent of its value. However, a deeper analysis of the chart of Bitcoin is a bit encouraging. Judging by the recent price movement ahead of us the gradual g...

The Ethereum developers have agreed to reduce the reward per block to 2 ETH. What will happen with mining?

The Ethereum developers have agreed to reduce the reward per block to 2 ETH. What will happen with mining?

on Friday during the videoconference, the Ethereum developers made a final decision on the reduction of rewards for miners. Now for the extraction of one unit of Ethereum they will get 2 ETH. About it writes . the Features of mini...

Peak popularity: Eminem has mentioned Bitcoin in his latest album

Peak popularity: Eminem has mentioned Bitcoin in his latest album

the Cryptocurrency got to text one of the songs of rapper Royce da 5’9″, whose track included in the album, Eminem Kamikaze. We will remind, it already the tenth album of the famous singer, his exit announced himself Eminem ...

Here is closer: Yahoo Finance has started trading with Bitcoin, Litecoin, and Ethereum

Here is closer: Yahoo Finance has started trading with Bitcoin, Litecoin, and Ethereum

the financial Services information from Yahoo Finance have added the feature to trade Bitcoin, Ethereum and Litecoin on its platform. This writes with reference to the message of the company. the Service began to display quotes of...

Our school: the Japanese police will be monitoring the transactions of citizens with cryptocurrency

Our school: the Japanese police will be monitoring the transactions of citizens with cryptocurrency

the Police of Japan has created a system of tracking cryptocurrency transaction — software will allow law enforcement to investigate cyber crimes related to digital money. This writes with reference to the local media. According ...

Which cryptocurrency to invest to earn after 10 years? Response analysts

Which cryptocurrency to invest to earn after 10 years? Response analysts

analyst firm Satis Group published a new report on the main cryptocurrency. In their work the researchers used data on previous price movements of Bitcoin. About it writes . the What will be the Bitcoin in a few years a Report com...

Products for Bitcoin: Bessarabian market in Kiev began to accept the cryptocurrency

Products for Bitcoin: Bessarabian market in Kiev began to accept the cryptocurrency

In the capital of Ukraine can now spend their cryptocurrency on fresh food. Recently, sellers on the Bessarabian market has started to accept Bitcoin, Cash Bitcoin and other altcoins in the project «Grandma». About it wr...