Cryptocurrency predicted to rally back with Bitcoin to hit $50,000 in 2018

Thursday, February 8, 2018

Bitcoin could potentially rise and surge again in 2018 with experts such as Thomas Glucksmann of cryptocurrency exchange Gatecoin, predicting prices could hit a staggering figure of $50,000 by December.

Glucksmann, told US news television broadcaster, Consumer News and Business Channel (CNBC): “Increasing regulatory recognition of cryptocurrency exchanges, the entrance of institutional capital and significant technology developments will contribute to the market’s rebound and push cryptocurrency prices to all new highs this year.”