Blind Optimism, or Hard Realism – What Does 2019 Hold for Bitcoin?

[kreslik.news]

At the beginning of 2018, plenty of analysts predicted that 2018 would hold Bitcoin’s really big boom, a skyrocket in valuation that would make the 2017 rise look like peanuts. Mike Novogratz said that Bitcoin could “easily” reach $40,000 by the end of 2018; crypto portfolio manager Jeet Singh said just last week at the World Economic Forum that Bitcoin could still reach $50,000 this year.

John McAfee made a similarly bullish prediction, although his vision for major growth in Bitcoin valuation extends to 2020.

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