Bitcoin 'to increase 98% in value by end of year' - Netimperative
Bitcoin could nearly double in price by year’s end, according to a panel of fintech leaders convened by financial comparison website Finder. The panel of 13 in Finder’s Cryptocurrency report suggest Bitcoin could be worth as much as USD$8,589 by March 31 and USD$14,275 by the end of the year.
Key findings:
• Bitcoin value to increase 19% by March 31 and 98% by year’s end, according to fintech panellists
• 82% believe the halvening will boost the price of Bitcoin
• Panel positive on Bitcoin, Ethereum and Tezos / most negative on TRON, EOS, and Litecoin
• 77% say stable coins, such as Facebook’s Libra, threaten national monetary sovereignty
82% of panellists, including founder of Draper Associates, Tim Draper, believe the halvening will boost the price of Bitcoin. The report also reveals the majority of panellists (77%) believe stable coins, such as Facebook’s Libra, threaten the monetary sovereignty of nations.
