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RE: Bitcoin Price Reaching $10k by April 2018-Mike Novogratz

in #bitcoin7 years ago

Well it's not impossible, if the value of btc will reach on $5000 this month or next as I observed it is possible to reach $10k or more on that month.

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The steady rise in price of Bitcoin is attracting a lot of attention from ordinary people but also for big investment companies and even governments like Australia looking into buying bitcoin. I believe is still early because the barrier to entry is a bit difficult with institutional investors (managing private keys, hard wallets ect), once these barriers will get easier than a big inflow of money will drive the price up. Again this is my humble opinion and not investment advise.