RATE Group | Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid
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Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid

Why Popular 2018 End of Year Bitcoin (BTC) Price Predictions Are No Longer Valid

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With the Holiday season in high gear, we have less than 3 weeks till we usher in the new year of 2019. Many individuals across the globe are probably decorating their Christmas trees and planning on how they will meet up with loved ones in the next few days as well as for New Year’s celebrations. Many crypto traders and enthusiasts, had hoped that by the end of 2018, Bitcoin (BTC) and other popular cryptocurrencies, would have increased in value and made their Holiday celebrations much better.

Along the year, we saw prominent Bitcoin analysts predict the value of BTC by the end of the year. Several price predictions were provided, but let us recap on two.

  1. Thomas Lee – the Fundstrat CEO had initially predicted back in July that BTC would be at $25,000 by the end of the year. Mr. Lee stuck to his guns for quite some time. However, he recently reduced that prediction to $15,000 by the end of the year
  2. Anthony Pampliano – the Founder and Partner at Morgan Creek had earlier on in…

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