Analyst Predicts Next Bull Run Will Send Bitcoin to $150K sell bitcoin to paypal this year
Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains.
return to the crypto-mania of 2017
Bitcoin’s dizzying ascent to its current all-time high of almost $20,000 in December 2017 came complete with a media frenzy around all things crypto.
Coupled with a boom in initial coin offerings, and fuelled by investor FOMO (fear of missing out), money was thrown at literally any project in the hope that it would mirror the gains of Bitcoin.
This became a self-fulfilling prophecy, and pretty much every altcoin posted a significant price increase during 2017. The cream rises to the top
While exchange bitcoin to paypal usd that he believes this won’t happen again, he does envisage a Bitcoin bull run returning and “pumping the few solid alts out there.”
He even went as far as to make a number of price predictions, such as Bitcoin gaining over 1,400% from its current price of around $9,750 to reach his target of $150,000.
Ether (ETH) is set to fare even better according to Dedic, increasing more than 3,570% from current levels around $245 to a price of $9,000. And Binance Coin (BNB) is predicted to see a 2,750% rise to $500.
Bigger increases still are forecast for Chainlink (LINK) and Tezos (XTZ), both with a target price of $200, representing 4,450% and 6,800% gains respectively.
But this all fades into insignificance compared to Dedic’s prediction for VeChain (VET), with a seemingly modest target price of $1. However, this marks a massive 14,100% increase on its current price of $0.007.