Analysts Predict Bitcoin Price Could Reach $800 in 2016's Final Weeks
After surging more than 75% so far this year, bitcoin prices could finish 2016 even higher, according to a panel of experts polled by CoinDesk. These market observers pointed to a range of factors when explaining their forecasts, including macroeconomic uncertainty, market dynamics and a currency war ignited by nations attempting to fix their exchange rates. Strong year for bitcoin. Starting 2016 at roughly $430, the world’s largest and most well-known digital currency has had a great year so far, breaking through $500 in May and then surpassing both $600 and $700 in June, according to the....
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Dogecoin (DOGE) is expected to reach $0.163 a unit this year, according to a top product comparison site. In a survey, some 33 analysts predicted the value of DOGE to reach $0.316 per unit by 2025. By the end of 2022, DOGE is predicted to reach a price of $0.25, the analysts said. According to Fred Schebesta, Finder’s CEO, investors can likely “sit tight knowing that although there will be more, others will come and go, DOGE will forever remain the original.” Analysts feel meme-based assets, in general, will lose their appeal to investors in the future, notwithstanding a few....
Recently, analysts at CNBC stated that Bitcoin will most likely reach its $1,000 milestone before the Dow surpasses 20,000 - and CNBC looks likely to be accurate once more. The Dow Jones Industrial Average is set to reach 20,000 points, which is considered by investors and the Wall Street as a major milestone. In the beginning of 2016, the Dow opened at around 17,150 points. Throughout the year the Dow continued to increase but in the final months, it stumbled, failing to cross the 20,000 mark. The Dow declined further as the new year approached, dropping by another 57 points over the past....
Several of the Bitcoin experts are expecting another Bitcoin bubble this year, although it will hopefully be a more legitimate one. The Bitcoin price will always remain a topic of significant debate, as there are those who feel the cryptocurrency is undervalued, whereas others predict stagnation or even a decline. Several Bitcoin experts weighed in with their thoughts recently, and there are some interesting responses, to say the least. The Bitcoin Price Throughout 2016 and 2017. There have been some spectacular Bitcoin price predictions in the past, and even though the value per BTC has....
Bitcoin is currently hovering at around $220. Recently, the question was asked whether or not a recent drop to $215 was the lowest we'll see. Many of us would certainly like to believe so, but if there is anything that bitcoin has taught us, it's that we can never be too sure, and more than anything we should never get too comfortable as it's nearly impossible to predict specifically what's going to happen next. The massive price drops over the last several weeks have continued to affect a great number of enthusiasts, and right when we all thought that things couldn't get any worse, they....
Dogecoin’s recent significant price surge may have slowed down, leading to a brief price pullback after hitting the $0.42 level. However, the dog-themed meme coin’s rally could only be the beginning, as several crypto analysts predict a possible upswing to new all-time highs, particularly the $1 milestone. $1 Milestone Still Within Reach For Dogecoin? In […]