Kay Van-Petersen: Bitcoin price will reach $ 100,000 in 6-18 months

in #bitcoin7 years ago

1 Saxo Bank strategist Kay Van-Petersen said that Bitcoin prices will reach $ 50,000 to $ 100,000 in the next 6 to 18 months. Van-Petersen, who interviewed Bloomberg, said the corporate cash flow will catalyze Bitcoin prices ...

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Van-Petersen, who interviewed Bloomberg, described the corporate cash flow as a catalyst for Bitcoin prices and described $ 100,000 as a "cautious" foresight. Stating that other crypto currencies could be similar or even better, Van-Petersen stressed that Ethereum may be the next competitive force, especially on ETFs.

'Take a step back and look at the fiasco ...'
Van-Petersen went on to say:

"It's amazing - if you take your mind from your head - take a step back and look at the fiasco ... a lot of it happened without corporate money. Corporate money will be on board in the next 6 to 18 months. "

The price of bitcoin is wondering what even Bitcoin's most ardent advocates will be in the coming days, as analysts continue to exceed even short-term growth expectations.

Van-Petersen said that in the past 10 years in May, Bitcoin price will exceed $ 100,000. This look does not look so amazing now.

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