Crypro 2nd half 2018 starts | Price numbers are all green on bitcoin, ethereum, litecoin, cardano and eos and zcash

  • Bitcoin second half of the year starts with more than 12 percent price jump
  • Bitcoin is coming back up from its lowest in 2018 last week, hitting a high of $6,609.50 Monday from $5800.
  • All cryptocurrency market hadh a 57 percent drop in total value this year. It remains to be seen whether bitcoin bullish trend will support Tom Lee’s $25,000 year-end target.
bitcoin price 2018

bitcoin price 2018

Prices for :  Bitcoin, ethereum, litecoin, cardano and eos and zcash

Bitcoin pundits have argued that more regulatory clarity could open up the gates to institutional investors. “We’ve seen the same concerns, including lack of regulatory clarity still holding for the balance of 2018 and keeping many institutions at bay,” said Joe DiPasquale, CEO of BitBull Capital. “We don’t think that demand will happen until 2019 — it’s still a market for those who are earlier movers in crypto.”

It remains to be seen whether bitcoin will live up to some of the bullish calls for it made earlier this year. Fundstrat Global Research’s Tom Lee, the only major Wall Street strategist to issue bitcoin price targets, predicted the cryptocurrency would reach $20,000 by the middle of the year and $25,000 by the end of 2018.

Venture Capitalist Tim Draper predicted bitcoin would be $250,000 by 2022. When asked during an April bitcoin debate how the digital currency compared to his early investments in Tesla, Hotmail and Skype, Draper said bitcoin will be “bigger than all of those combined” and “bigger than the internet.”

The man who called the bitcoin drop now sees… from CNBC.

Tags: Bitcoin, cryptocurrencies, price, Bitcoin cryptocurrencies, Bitcoin price, ethereum, litecoin, cardano , eos , zcash, price bull, Crypro 2nd half 2018 starts with green Price numbers on bitcoin, ethereum, litecoin, cardano and eos and zcash

Mohsen Daemi
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