Saxo Bank: Bitcoin Prices Can Rise Threefold In 2017 Later

Saxo Bank will not be surprised if bitcoin prices have a big advantage next year.

The Danish investment bank has recently published its annual prediction of "Crazy Predictions by 2017". At the same time, banks also say that outlier predictions are an attempt to find someone in the financial industry to think about extreme possibilities.

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In addition to out of the call cuff that Britain will not actually leave the EU and that Italian equity prices will soar behind an EU-led bailout, Saxo Bank says that, under the right conditions, bitcoin prices could skyrocket to $ 2,100 .

Among the reasons, Trump's future administration potential caused turbulence in the US economy (the reason given by Bitcoin traders at recent price momentum).

Saxo Bank explains:

"If the banking system as well as rulers such as Russia and China move to accept bitcoin as a partial alternative to the USD and traditional banking and payment systems, then we ii can see bitcoin easily triple the price next year is can from the current price of $700 to + $2,100 as a decentralized block-chain system, the inability to dilute Bitcoin's limited as well as low transaction costs will be more profit and global acceptance.[]