Hey guys
My question is simple.
Will marketcap of Bitcoin hit $1 Trillion in 2018?
It will touch $1 trillion eventually because bitcoin is disinflationary, and fiat is ever depreciating in value. That gives you a simple equation, especially when taken into consideration that the number of crypto adopters is only projected to go up over the next few years.
I wouldn't say that it will happen this year, however.
I really doubt that we'll even see $15k hit this year by the looks of it. It's way too brave of a prediction to make on BTC prices hitting $60+k when we are not even at the $10k level. It's just not happening even in the best scenario I can imagine for BTC this year, which is stabilizing above $10k. 2018 isn't expected to make much gains in the first place seeing how crazy 2017 was, and a correction was obviously needed to build a bottom.