The major cryptographic currencies may be far from their current levels in December, but legal developments and infrastructure developments continue to progress.
In a report we published in January, TenX's founding partner, Julian Hosp, reported that Bitcoin will fall to $ 5,000 in 2018, but still expects to hit $ 60,000.
Hosp, who recently spoke to CNBC at the RISE technology conference in Hong Kong, is still behind the price estimate of $ 60,000 Bitcoin:
"In December, the whole price of bitcoin has reached the level predicted by Hosp. I predicted that we would see 5 thousand dollars and 60 thousand dollars in 2018 while the highest level of time was 20 thousand dollars. So we arrived almost 5,000 dollars. Let's see if we can reach $ 60,000.
Bitcoin, the biggest crypto currency, has fallen to its lowest level (about $ 5,700) at the end of last month at the end of last month, although it has not fallen to $ 5,000.
Since then, the leading crypto money has recovered some of its recent losses and now stands at about $ 6,400.
Hosp also acknowledges that in 2018 a big positive event must occur for Bitcoin to reach $ 60,000. . Hosp, he said it might be a Bitcoin ETF announcement or a country disclosure.
Hosp also added that Bitcoin should be above $ 10 thousand in August to reach its $ 60,000 target:
Hosp also added that if such an event does not come to fruition this year, the digital money will reach 60,000 dolars,
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