Bitcoin Could Hit $40000 By Ending Of 2018?

in #bitcoin7 years ago


So far we have seen a huge boom in the Crypto world with Bitcoin and some of the Altcoins experiencing a new ATH today. However, Bitcoin seems to be surprising everyone as the much expected $10,000 by December 2017 decided to arrive even before the end of November.

According to Michael Novogratz, a top hedge fund manager, he said, Bitcoin could easily be at $40,000 at the end of 2018 where he attributed it to new money, most especially from Asian investors. The growth is getting massive, adoption is increasing daily, lot of top investors are getting interested by the day and a lot of news are coming up that would give Bitcoin a huge boost to the moon, no doubt!

However, do you think $40,000 at the end of 2018 sounds realistic after looking at all the scenarios that took place this year. Please share your thought.

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that would mean marketcap of more than 1 trillion... but everything's possible.