This week a prominent Trader and investor Tone Vays provided technical analysis on bitcoin short-term trend major price correction following the bad news out of China of Band of Bitcoin exchanges an extremely fast recovery and long-term future for Bitcoin. The technical analysis demonstrated the potential of Bitcoin price to surpass $100,000 Mark by the end of 2018 reach multitrillion-dollar Market cap for many years financial analysis and researchers in both cryptocurrency space and banking cartel sectors for example Max Keiser emphasized possibility of Bitcoin to surpass one trillion in market cap. Based on exponential growth rate of Bitcoin and it's user base adoption developer activity trading volumes and market cap long term price target of $100,000 per Bitcoin is possible to achieve. Especially leading institutional and Retail investors continue to endorse and embrace the adoption of Bitcoin. Currently 90 billion dollars Investment Bank Goldman Sachs and Fidelity Investments with 2.13 trillion dollars worth of assets under their management both Goldman Sachs and fidelity Investments expressed optimism towards Bitcoin. Fidelity partnered with coinbase to enable Fidelity clients and portfolio managers to access their Bitcoin wallets and accounts directly from the main Fidelity Investment platform. Also Goldman Sachs emphasized in a note to its clients and investors that big coin and cryptocurrency markets can no longer be ignored. Coinbase and Gemini are currently developing trading platforms for large-scale institutional investors which will be focusing on building a more robust and efficient investment Channel which can provide sufficient liquidity for retail investors. With the increasing number of institutional and Retail investors showing interest in Bitcoin and Global mainstream adoption of Bitcoin $100,000 per Bitcoin is a very achievable long-term Target. Bitcoin is heading mainstream and nobody can stop it all the governments worldwide have realized that and all they want to do is to supposedly regulate them and make sure that there is no funny business but really what they're wanting to do is just simply get their piece of the pie. Thank you for checking on my post hope you enjoyed it and here is a video of Max Keiser.
Here is a link if you want to read more information on this subjecthttps://www.cryptocoinsnews.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
Thank you for checking out my post and watching this video I found on YouTube just wanted to share it with the Bitcoin community Vote Resteem and Steem On!
I think bitcoin was designed to reach at least a million dollars each.
I'm expecting big growth of Bitcoin this year. We are at or near the 1% adoption. As we seek 2 - 3%, the price will boom and alot of fomo will be going on.
We may see some big corrections this year for the same reasons.
100,000 is a little unlikely, but definitely 10k is likely.
I think $10,000 per Bitcoin is reasonable by 2018 but who knows volatility is crazing
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://wesharesuccess.net/tag/bitcoin-network/
Anything is possible in this kind of era.