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RE: High Probability For Bitcoin Reaching $50.000 USD In 2018!

in #bitcoin7 years ago

All trading future simulations use historical data to generate future forecasts. I do not trust too much those methods as historical data on Bitcoin is quite short, plus, it just does not follow at all, traditional markets behaviour. But that being said, it is interesting to read the results of the study as they give you a much bigger view, away from daily news affecting the market.
My personal bet is price will be between 50K and 100K at the end of the year. It all depends on the impact institutional money has on the demand side.

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