Bitcoin Price to Hit $50,000 Next Year: Private Venture Capitalist

Bitcoin Price to Hit $50,000 Next Year

Kenetic Capital managing partner has said that he expects bitcoin to reach $50,000 by the end of 2018 as the cryptocurrency market becomes globally accepted.

Speaking on Bloomberg TV, Jehan Chu, said:

I think we’re going to see $50,000 by the end of 2018 for bitcoin. I think with the one-two punch with the Cboe and CME I think the entire world is on watch now for what is to come and what the real liquidity that can enter this market will actually look like.

Read the full article on CryptoCoinsNews

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