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Despite the price of bitcoin reaching a record high in 2017 and then taking a bearish turn as 2018 kicked in, bitcoin bulls were not deterred and continued making overoptimistic predictions throughout the year. Among the prominent bitcoin bulls, the co-founder of markets analysis firm Fundstrat Global, Tom Lee, stood out for his unrelenting optimism
Blake Robbins, a partner at Ludlow Ventures and investor in major esports organization 100 Thieves, recently published his 2019 predictions for the esports industry. 1/ Esports Industry Predictions for 2019: — Blake Robbins (@blakeir) January 1, 2019 In his 21-tweet thread, Robbins covers everything from the industry’s current investment landscape to the outlook of numerous […]
Throughout 2018, there has been a very strong focus on the VeChain project. This particular ecosystem seems to attract a lot of price speculators and enthusiasts, which can lead to some interesting VET predictions for the remainder of 2018. The following 3 charts show the VeChain price might be bound for a major upswing, assuming key support levels hold true.
EOS Has been one of the more promising altcoin projects to come to market as of late. There are plenty of people who have high expectations for EOS, although it remains to be seen how that will affect the price in the coming months. Some interesting price predictions have popped up regarding EOS, though it remains to be seen which will come true in the long run.
The Stellar price went down over 10% today, trading at $ 0.24 at the time of writing. Despite the recent drop, current XLM levels are what they were only 4 days ago. There are still some exciting announcements to look forward to before the end of 2018 for Stellar. They include, the launch of their Lightning Network and the introduction of State Channels.
2 Stellar Price Predictions:
We love cryptocurrency price predictions, let’s start with this overly optimistic chart by aamonkey from tradingview:
Using wave analysis, the chart shows that Stellar must have just completed its first wave of the new bullish move.
Most people who are involved in cryptocurrency these days are only in it for the profits, speculation is an integral part of crypto after all. When it comes to the NEO price, the following three predictions highlight some interesting potential outcomes as to what the future may hold for this project.
Three NEO Price Predictions:
#3 The Double Bottom Play
A lot of interesting technical analysis terms can be found when looking over price prediction charts. BitcoinCompass from tradingview is looking at a potential double bottom for NEO’s price. If that vision holds true, there will be a small push for NEO to either $ 17.7 or even $ 19.5.
Former Daily Show host John Stewart famously confronted CNBC Mad Money’s Jim Cramer for his coverage of the 2008 financial crisis, in what turned out to be one of the more monumental financial media events of the decade. “Your money is safe in Bear Stearns,” Cramer said just six days before the global investment bank […]
KuCoin, a popular Singapore-based cryptocurrency exchange, recently announced a new Bitcoin (BTC) price guessing competition that will pay out a total of 19 BTC over a 9 day period. KuCoin’s Anniversary Celebration | BTC BTC Price Guessing Competition – Win the Share of 19 BTC! More Info: https://t.co/Q1cxz3QzeYMore Activities: https://t.co/uALqwL2Jqz pic.twitter.com/d5qr9AfCeq — KuCoin Updates (@KuCoinUpdates) September 16, […]
Some days it feels like it’s all bad news for crypto. When the Federal Bureau says it’s not even a blip on the radar, the SEC delays another important decision, or the Chinese clamp down on content. The Ethereum scaling issue is putting everyone in a bad mood and regulatory uncertainty is causing confusion.
But, hey. If there’s anything we know about this crazy space, it’s that the situation can turn on a dime. Daily fluctuations and weak hands aside, a lot of hard work is being done. Countries like Switzerland and Malta are leading the way on regulation. Robust platforms are getting built. And those truly dedicated to crypto have hung up a “business as usual” sign despite the market slump.
Financial media giant CNBC is notorious for its flagrant and often overzealous predictions, whether in the stock market, FOREX, housing market or cryptocurrencies. In the case of Bitcoin, CNBC’s predictions have turned out to be 95% accurate… as a counter trade indicator, according to a Tradingview post made by Jacob Canfield. This means that 95 percent […]
A lot has been said about Bitcoin (BTC) 00 and its future. Many have weighed in on whether the cryptocurrency is going to surge past its January all-time-high or continue to decline in value. Here’s a recap of how experts weighed in on the matter throughout the past few months.
Nicholas Colas: Bitcoin ‘Was Absolutely a Bubble’
Nicholas Colas, co-founder of DataTrek Research, said that Bitcoin “was absolutely a bubble based on the futures launch in December and a lot of enthusiasm for the asset.” He also followed up by urging investors to be careful, as interest towards the cryptocurrency is declining. According to him, this “kills” the possibility of new money coming into the market.
Over the past few months, the Chicago Board of Exchange (Cboe) and the Chicago Mercantile Exchange (CME Group) have been selling bitcoin-based futures products. Predictions have been dull as most forecasts are around the $ 9-9.4K USD range for bitcoin derivatives using both firms’ futures data. On the other hand, crypto-derivatives trade volumes have been increasing.
The post Bitcoin Price Predictions for 2018: An Expert Roundup appeared first on 99 Bitcoins.
The wild growth and recent price fluctuations associated with bitcoin have investors seeking price predictions for the coming year. Investors are understandably concerned about whether bitcoin will experience a crippling course correction, or continue rapid growth. It might accomplish both. In November, bitcoin plunged nearly 30% before sharply rebounding to hit the $ 10,000 price range. […]
The year 2016 will be an interesting one as many people are expecting great things to happen from a financial and technological standpoint. At the same time, the year 2016 will play a pivotal role in the future of data protection and user security. But what will be the predictions for 2016 and which ones will come true in the end?
Also read: Creating Financial Resolutions For 2016