Bitcoin Price Prediction 2018 – In 2018, it is quite worrying by many Cryptocurrency traders for the value that is continuously decreased. There are factors that are predicted to influence this phenomenon. Despite the competition among Cryptocurrencies that is getting tighter, people also try to invest their money in other ways. So, is this phenomenon will still be continued in the future? Here is the prediction.
Bitcoin reaches $50,000
For you the Bitcoin traders and investors, you can just relieve now. It is probably true that the Bitcoin’s value decreasing some days ago is just a temporary phenomenon. Then, this popular Cryptocurrency still has a chance to increase in the near future; it is even up to $50,000. In the press conference, it was known that the market has created a kind of pivot bullish. This regulation is lead by the fact that USA regulator has given some signs that it will do more careful approach toward the previous regulation. Besides some other factors including the development of technology, the entering of institutional capital and others are also said to influence Bitcoin’s value.
At that time, according to the data index, Bitcoin was traded on $8,387 after being increased for around 24.5% in the last 24 hours. Well, it is probably only the beginning of main increasing of Crypto in this year. Last year, there was a similar phenomenon ending up with the high increase of Bitcoin’s value.
The Average is around $6,000
For the same reason, it is predicted that the average value of Bitcoin is around $6,000. More than that, there are also some additional factors. There is increasing of 50% when public considers Bitcoin as the main Cryptocurrency where they can invest. Bitcoin indeed has some features that other Cryptocurrency may not.
First, the popularity is something which cannot be simply separated. The term Bitcoin is even more popular than Cryptocurrency itself. Second, it has its own institutional license. Lastly, this currency always tries to improve its platform so that people’s trusts tend to be improved as well. it means that no matter the value of Bitcoin is decreased, it has bigger chance to increase in the future even compared to any other Cryptocurrencies spreading in the market.
Central Banks can get Bitcoin
Among all, this is probably the most interesting thing to acknowledge. How is it if even central banks are willing to exquisite Bitcoin? It is with certain requirements for sure. One of them is when it has limit for around $500 billion. This will be realized when Bitcoin value is able to reach $30,000. Well, if this is really happened, it will be more difficult for investors to ignore this Cryptocurrency. More than that, the number of users can be more and more also.
Indeed, this matter is probably still seen as impossible for many people. But of course, the high value of Bitcoin must increase so many things related to the finance generally. This is something that should not be ignored by the central Bank.
So, do you agree with the predictions above? Of course, make sure to consider some other common things to anticipate the value of Bitcoin Price Prediction 2018.