Dont be fooled by the slowdown in prices being experienced now or shitcoins branchin' out of bitcoin, the price will always grow regardless of the fuds by the government to temporarily slow down the progress.
Prominent bitcoin trader and investor Tone Vays demonstrated the potential of bitcoin price to surpass the $100,000 mark by the end of 2018, which would provide bitcoin a multi-trillion dollar market cap. For many years, financial analysts and researchers in both the cryptocurrency and banking sectors such as RT’s Keiser Report host Max Keiser emphasized the possibility of bitcoin to surpass $1 trillion in market cap if and when it succeeds in evolving into an alternative financial network against existing banking systems and financial institutions.
https://www.cryptocoinsnews.com/wp-content/uploads/2017/09/ccn.pngBased on the exponential growth rate of bitcoin regarding userbase, adoption, developer activity, trading volumes and market cap, a long-term price target of $100,000 is possible to achieve, especially if leading institutional and retail investors continue to endorse, embrace and adopt bitcoin. In 2017 alone, $90 billion investment bank Goldman Sachs and Fidelity Investments with $2.13 trillion worth of assets under management expressed their optimism toward bitcoin.
Full report here:-
https://www.cryptocoinsnews.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/amp/Credits to cryptocoinsnews
