Bitcoin Price Predictions: From Zero to a Million

2018 was a wild year for cryptocurrency prices, exemplified by the meteoric rise in 2017 and subsequent crash of granddaddy Bitcoin. After cresting a high of more than $19,000 in December 2017, Bitcoin’s price tumbled down to just over $3000.

Since then, it vibrated at a relatively low range throughout 2018 while the market as a whole made several false starts.

However since the start of 2019, Bitcoin has started to surge back, recording 100% growth since the start of the year. It seems we might just be headed into another crazy bull market.

Legions of predictions have been made over the course of the year regarding when – indeed, if – Bitcoin’s price will recover to all time highs.

The vast majority of those predictions have failed to yield fruit. Still, the new holy grail is guessing Bitcoin’s price in the short to medium term, and there is no shortage of opinions on that subject.

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One theme is clear, from the relatively conservative opinions to the out-and-out fanciful ones – few predict that Bitcoin will lose value by the end of the year. That, in and of itself, is a fairly bold prediction given the crypto world’s legendary volatility.

We’re going to take a brief survey of the thoughts swirling around the cryptosphere regarding Bitcoin’s medium-term price, from the mild to the wild. We’re also going to try to put those predictions in context to give a more complete picture of what the market may look like come Dec. 31 and beyond.

For the sake of simplicity, we’re going to list the predictions from the lowest value to the highest.

If you want to see what the experts think of Ethereum’s Price, see their predictions here.

Joe Davis: $0

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