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Where's Bitcoin Price Heading Next -- $1K Or $30K?
The game isn’t over for Bitcoin yet. And neither is its price volatility, which divides cryptocurrency experts on where bitcoin price is heading next. On one side is the bullish camp, which argues that Bitcoin is still in an uptrend, betting that it will eventually reach $30,000. Marshall Taplits, Chief Strategy Officer for NYNJA, is one of them. “Speculation on price is always difficult, says Taplits. “However, the trend for Bitcoin is clear - UP, going to about $20,000 USD from zero in 10 years. Each time Bitcoin corrects, the media wrenches. However, anyone who has been watching crypto currency...
Bitcoin Price Dips, but Expert Predicts $30,000 This Year
Bitcoin has been on a gradual decline, but one expert sees it as the calm before a huge rally. The world’s largest cryptocurrency dropped to reach close to the $8,000 mark for one token on Monday, around three months after it enjoyed peaks of over $17,000 and following a series of ad rule changes from social networks. Analysis suggests Bitcoin could be in store to reach peaks of $30,000 before the end of the year. The intervention comes at a cold time for Bitcoin, which has spent most of March wavering around the $9,000 mark. David Drake, chairman and founder...
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