Kelly believes that the current developments in the cryptocurrency market might give a short-term pain but will prove to be fruitful in the long-run.
Julian Hosp predicts bitcoin’s hitting $60,000 mark by the end of 2018.
After almost a week of consolidation, Bitcoin prices are back on the upward trajectory trading now above $7800.
After a continuous rally for nearly two weeks which catapulted Bitcoin to almost $8000, and some major profit booking is being currently observed with the price of Bitcoin consolidating around the $6000 mark.
Goldman Sachs’ technical analysts Sheba Jafari and Jack Abramowitz believe Bitcoin could reach at least $7,941, according to the message sent to the company’s clients on Monday.
Peter Thiel, the billionaire co-founder of PayPal and early Facebook investor, make some comments on Bitcoin in an interview on Fox Business Network’s Mornings.