bitcoin price prediction by varios analysts report
I personally think that btc price will rebound again to 20,000 usd and even more higher before the year end .
Tom lee predicts it price to go 25000 usd till year end.The reason behind is he thinks that banks and institutional money will flow in cause they think big business opportunities are there.
Robert sluymer, fundstrat
he states that bitcoin is going down its key support and will rebound back again from its support level
Bobby lee. Ceo of china's first bitcoin exchange believes bitcoin will go upto 1 million dollar but so early it can take 15-20 years to reach that level. Long term outlook is good .
Finder.com states that bitcoin price can plunge to 43000 dollars by year end..
Cameron winklevoss gemini cofounder, states that bitcoin will hit 320000 dollar in 120 - 20 years of time frame ,
bitcoin market is still speculative he predicts but in long run its profitable.
For meanwhile as the bitcoin dominance is increasing day by day altcoins will surely suffer in this market so we need to hold on and lets see where the market will go for altcoins .Rightnow we need to stay away from altcoins till bitcoin again gets stable.
thanks for the vote .