Bitcoin reaching $25 000 by the end of 2019?
|Slavomír Kaňuk|source|2803x
Font size:-/+

Bitcoin reaching $25 000 by the end of 2019?

Can Bitcoin go over $20 000 again? Analyst Oliver Isaacs thinks its price can climb up to $25 000 by the end of 2019. Reasons Isaacs thinks could lead Bitcoin price go high are quite various.



“There are multiple drivers behind the recent resurgence. There are geopolitical, technological and regulatory drivers, all having an impact on its price. The effect of the trade war between the US and China has led to the sudden interest in bitcoin as a hedge on investments.” Isaacs explains.

General expansion and acceptance of cryptocurrencies by public play key role for future bitcoin price prediction. Investor Tim Draper thinks upcoming years will bring more massive cryptocurrency expansion. He also points at giant corporations like Microsoft, Amazon, Starbuck and Whole Foods, all accepting crypto payments now. Draper goes even further and predicts bitcoin will be traded for $250 000 by 2023. Draper compares near future of cryptocurrency expansion to buying a cup of coffee at Starbucks. If you pull out dollars and will try to pay with those bills, it will be comic at the very least, still not using bitcoin or other cryptocurrencies. You will look like the old lady counting pennies in her hands.

Comments

You must be logged in to add a comment.

DOLLERO NEWS

What is a DAO?

A chance at disrupting and replacing the prevalent corporate structure.

Show all news