Bitcoin here are Three predictions for the future of the Cryptocurrency

1-Bitcoin will be closer to $ 3,000 by the end of the year
As Bitcoin is used primarily for trade or value transfer, Bitcoin's value is controlled by the total value of goods in transit linked to Bitcoin as a means of payment.

As more and more trade is added to the use of Bitcoin as a means of transaction, Bitcoin's value will rise as will trade.

With non-digital currencies, this valuation fluctuation can be controlled by the state government or a monetary authority that regulates food (through variation in the amount of currency created) and demand control (through setting rates Of interest).

However, governments can not control the supply of Bitcoin so the currency is being increasingly used every day, so a continuous increase in the value of Bitcoin was predicted. This theory is born of the research carried out by the World Economic Forum.

2-Money laundering poses a great threat
While many associate the use of Bitcoin with the purchase of illicit materials from sites such as the now-defunct Silk Road, there are now potentially far more lucrative opportunities for criminals.

The economy of darkness or shade is estimated to occupy a place in the region of 17 percent of the world's total GDP. Due to the level of anonymity that bitcoin offers, there is a great opportunity for its use to avoid anti-money laundering legislation.

Any increase in use here would result in an increase that is reflected in the bitcoin value.

3-Governments will try to control Bitcoin (and fail)
As Bitcoin becomes increasingly penetrating, we predict that governments will try to control it, try to understand in more detail how it is being used, and try to control its use in the dark economy we discussed above.

However, due to the structure of Bitcoin, and the encryption and anonymity that is baked in the blockchain, there is very little opportunity to control this. The only clear way for national states to control the distribution of the currency would be for them to buy Bitcoin's supply and reserve, as many have done with gold.

Regardless of what Bitcoin is being used for, the key conclusion is that it is being used more and more widely, and that this expansion of usage translates into a corresponding rise in value that shows no signs of slowing in the short term.