Bitcoin to Skyrocket To $4,400 in 2 Years: Hedge Fund Co-FounderIn an interview with Reuters, co-founder of Global Advisors Bitcoin Investment Fund, Daniel Masters said that he expects the cryptocurrency’s price to rise to $4,400 by the end of 2017. Global Advisors Bitcoin Investment Fund PLC is a Jersey-based multi-million dollar hedge fund dedicated to the bitcoin ecosystem.
Daniel believes that bitcoin could retest its all-time high of $1,100 in 2016 and then race to $4,400 in the next year. He believes that a number of fundamental factors would come into the picture by then. Increased acceptance of bitcoin payments by big businesses and banks, a fast-growing interest in the blockchain tech, and huge demand from China are among the prominent factors that will aid a price advance in the coming years.
http://www.newsbtc.com/2015/12/23/bitcoin-to-speed-up-to-4400-in-2-years-hedge-fund-co-founder/
