Saxo Bank analyst: "Bitcoin will be $ 100,000 in 2018"

in #bitcoin7 years ago

Positive and negative comments about Bitcoin, which has had a difficult time these days, continue to come. Saxo Bank analyst Kay Van-Petersen predicted that Bitcoin would be worth $ 2,000 in 2017 when Bitcoin was still below $ 900 in December 2016, a new estimate said.

Van-Petersen said in a statement to CNBC that Bitcoin could reach between $ 50,000 and $ 100,000 during the year.

Van-Petersen claims that in 2018 Bitcoin will attract bigger investors. The reason is that Bitcoin futures have not yet shown their effect, and in 2018, corporate customers will be affected by this.

"Ethereum may gain more value than Bitco in 2018"

The possibility of Bitcoin being banned in South Korea, Saxo Bank analyst, who says that China's plans to ban crypto money trading are now a downside influence, is interpreted as a normal situation.

Van-Petersen also predicted that Ethereum will exceed Bitcoin's annual performance as the number of transactions over the network increases.