Experts Reduce End of Year Forecast for Bitcoin.

[coinzonesl]

Who’d be a crypto forecaster?

Back in January, experts had Bitcoin pegged for a value of $43,370 on average by December 31.

At the time, BTC was riding highs of around $18,000. But even in March, when Bitcoin was valued at half that, the panel was confident it could still hold out for $38,000 by the end of 2018.

This month, with Bitcoin still nudging $9,000, the outlook isn’t so rosy from the finder.com.au team. They’re now tipping it can reach $18,883 by December 31 — still a hefty increase on today’s price, but certainly a lot wobblier outlook than at any other time this year.

The June Cryptocurrency Predictions Report was compiled by finder’s 10 crypto experts. You can read more about who they are and what coins they hold here. And out of the 13 coins they ran the ruler over this month, none are expected to be worth less by December 31.

Two, however – Iota (MIOTA) and Monero (XMR) – are tipped to fall 8% and 7% respectively by July 1.
Dogecoin, which in March and April was the panel’s favourite and listed as having the potential to rise anywhere between 3,000% and 5,000%, isn’t even on the list of 13 this month.

Of the winners, the panel has picked out EOS (EOS) as having the best shot at high growth, tipping a possible 206% rise on its price of $16.42 at the end of May.

That would put it at $50.27 by the year’s end.

EOS is the token offered in an ICO by blockchain company Block-one, which helped it recently complete a staggering $4 billion year-long funding round and lure Commonwealth Bank’s former chief financial officer, Rob Jesudason, to Hong Kong as its chief operating officer.

Tron (TRX) is expected to have the second-greatest positive price growth by 31 December of 146%, followed by Cardano (ADA) at 145%.

When comparing the forecast market capitalisations for Bitcoin, Bitcoin Cash and Ethereum, Bitcoin is predicted to see the highest growth by the end of the year, at 99%.

This was followed by Ethereum with a 91% increase, and Bitcoin Cash, with an increase of 76%.

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[Nerman]

Who’d be a crypto forecaster?

Back in January, experts had Bitcoin pegged for a value of $43,370 on average by December 31.

At the time, BTC was riding highs of around $18,000. But even in March, when Bitcoin was valued at half that, the panel was confident it could still hold out for $38,000 by the end of 2018.

This month, with Bitcoin still nudging $9,000, the outlook isn’t so rosy from the finder.com.au team. They’re now tipping it can reach $18,883 by December 31 — still a hefty increase on today’s price, but certainly a lot wobblier outlook than at any other time this year.

The June Cryptocurrency Predictions Report was compiled by finder’s 10 crypto experts. You can read more about who they are and what coins they hold here. And out of the 13 coins they ran the ruler over this month, none are expected to be worth less by December 31.

Two, however – Iota (MIOTA) and Monero (XMR) – are tipped to fall 8% and 7% respectively by July 1.
Dogecoin, which in March and April was the panel’s favourite and listed as having the potential to rise anywhere between 3,000% and 5,000%, isn’t even on the list of 13 this month.

Of the winners, the panel has picked out EOS (EOS) as having the best shot at high growth, tipping a possible 206% rise on its price of $16.42 at the end of May.

That would put it at $50.27 by the year’s end.

EOS is the token offered in an ICO by blockchain company Block-one, which helped it recently complete a staggering $4 billion year-long funding round and lure Commonwealth Bank’s former chief financial officer, Rob Jesudason, to Hong Kong as its chief operating officer.

Tron (TRX) is expected to have the second-greatest positive price growth by 31 December of 146%, followed by Cardano (ADA) at 145%.

When comparing the forecast market capitalisations for Bitcoin, Bitcoin Cash and Ethereum, Bitcoin is predicted to see the highest growth by the end of the year, at 99%.

This was followed by Ethereum with a 91% increase, and Bitcoin Cash, with an increase of 76%.

It is really hard to predict the price action specially  in the crypto currency market. For the experts I think it is wise for them to lower down the expected price on the end of the year. On January 2018 everyone expected that we will recover after a few months but until now we are still in the bear market. To be honest I do not think we will reach that price in the end  of the year.

[ss890]

I am not sure about all of this! These crypto currencies are highly volatile and they are behaving with the unknown and known reasons in the todays era. Just look at the current years behaviour of crypto currencies. First speculators said that this coin will be +20% up and that coins will be 150% up but nothing like that is happening at all. Almost all of them are getting the reverse action in the first place and thus making it worst in the current scenario. Somehow crypto currencies not predictable at all and unfortunately I have stopped believing these people who make the forecasts. They bring you loss often and thus its worst to manage that.

[Khimmy28]

Experts were wrong last year, Bitcoin outperformed; so far this year they have also been wrong, Bitcoin is under-performing.
Trading remains volatile, the advice has always been to trade with caution and not make this so called expert-predictions a basis.

[gentlemand]

Look to the end of 2013 for 'expert' predictions and then blow them a raspberry. No one knows shit about shit.

Anyone with a modicum of brain could've told them that you don't have a minor breather and then kick off the bubble again when the bubble was that enormous.

[pey]

They are not experts, I think they assume the trend will keep going and make predictions considering it but the trend change hard to be predicted.

[Pursuer]

someone who was predicting $43,370  just because price was rising fast is not an expert he is instead an attention whore. it works like this: when price is rising you keep predicting bullshit high prices. for example when it is $20k you say it will reach $50k when it is $50k you say it will reach $1 million and so on.
and it works both ways. when price is dropping the attention whores come out then also. they keep predicting bullshit low prices. for example when price is $10k they say it will be $5k, when it is $6k they say it will be $3k and so on.
it is extra funny when they do it about altcoins since there is no way of predicting when a pump bubble ends and when its dump is gong to end.

[davis196]

When you say "experts" you should mention a few names and tell why they are "experts" in that field.
Do they have some sort of sertifications or masters degree in Cryptocurrency trading.
Do you think that trading cryptocurrencies for 2-3 years makes somebody an "expert" in crypto trading and this expert would predict the future crypto prices as if he has a crystal ball?

[wantjokull]

someone who was predicting $43,370  just because price was rising fast is not an expert he is instead an attention whore. it works like this: when price is rising you keep predicting bullshit high prices. for example when it is $20k you say it will reach $50k when it is $50k you say it will reach $1 million and so on.
and it works both ways. when price is dropping the attention whores come out then also. they keep predicting bullshit low prices. for example when price is $10k they say it will be $5k, when it is $6k they say it will be $3k and so on.
it is extra funny when they do it about altcoins since there is no way of predicting when a pump bubble ends and when its dump is gong to end.

Lolz.

Last year there were posts who said that bitcoin will be 60,000 USD or 1 million in value by the start of 2018! But nothing like that really happened and eveyrhtign was literally going to dust by that time as compared to what they expected. Then again they came up with new predictions that "Oh no! Snap! This bad news struck the market at wrong time and that why bitcoin is going down". Oh shits man, these predictions are all hoax and nothing else. Never trust them. We should always focus on the current events and what are the effects of it to the current value. Forget the dream of million dollar bitcoin. Lets just be normal try to work the normal way.

[stomachgrowls]

someone who was predicting $43,370  just because price was rising fast is not an expert he is instead an attention whore. it works like this: when price is rising you keep predicting bullshit high prices. for example when it is $20k you say it will reach $50k when it is $50k you say it will reach $1 million and so on.
and it works both ways. when price is dropping the attention whores come out then also. they keep predicting bullshit low prices. for example when price is $10k they say it will be $5k, when it is $6k they say it will be $3k and so on.
it is extra funny when they do it about altcoins since there is no way of predicting when a pump bubble ends and when its dump is gong to end.

Not really a surprising thing and these kind of bullshit speculations been started since bitcoin was first traded. Speculations continue either both ways either increasing or decrease but same as you said no one really knows or can predict on where it is heading. Now in regards on whats happening on the history of price of bitcoin upto these years Experts or so-called professional traders would really have confusion because volatility can really break out their expectation anytime and its always been part of its nature on being unpredictable. Somehow fuds and panic sell or FOMO can affect bitcoins price but not a major thing.

[justdimin]

Look to the end of 2013 for 'expert' predictions and then blow them a raspberry. No one knows shit about shit.

Anyone with a modicum of brain could've told them that you don't have a minor breather and then kick off the bubble again when the bubble was that enormous.

Yes.. lol. In fact they are the dumbest as they are no expert and anyone who is simply trying to claim being an expert now and predicting the future of a volatile market is the dumbest I have ever seen and does not deserve to even be called an expert or of course just looking for recognition so that when it happens, they will say 'I told you so', while changing their opinion several times in a year.

Maybe they will even bring it down back to $10,000 in the next few days, who knows ? But if we notice, bitcoin raised from $10k to ~$20k in last year November month. When $10k dollars were possible within a month why not we assume $50k or even $100k in next six or six-and-half months ?

[palle11]

I'm not keen at what the price is now since it is still trading below $10,000. If it gets to $10,000 mark, then I will start looking at what prophecies are churning out. For now, I'm not looking at predictions but putting my eyes on the daily indicators.

I can't remember reading any prediction early January 2017 (when bitcoin was still below $800), that price will get to $20,000 as ATH at that point.

[joshy23]

Those speculations brings some hype then whales will just dive down and forget about that thing, What I'm saying is even there's so called expert wanna be, the value of any crypto will still depend on how market will support each project, real usage still in question and big businesses still in doubt if the system will really help them to be more precise and efficient serving their customers, and aside from that the never ending sway is the major factor why bitcoin is hard to predict, not even expert will.

[arthotdog]

EVEN how big they predict nor lower the price still this would never change a thing that value is only desired by all who they called experts but reality will only comes when this is happen so lets give the benefits of the doubt to them.

Those speculations brings some hype then whales will just dive down and forget about that thing, What I'm saying is even there's so called expert wanna be, the value of any crypto will still depend on how market will support each project, real usage still in question and big businesses still in doubt if the system will really help them to be more precise and efficient serving their customers, and aside from that the never ending sway is the major factor why bitcoin is hard to predict, not even expert will.

Thats it even millions of "experts " are there to predict or speculate still people will decide what will be the value for tomorrow so stop fooling users here because no one really knows

[pawanjain]

Cryptocurrency is not predictable at all. I don't understand why do people believe in crypto predictions at all. Even the experts in stock market can go wrong when stock market can still be predictable on based of analysis. Seeing the current market situation anybody with a little knowledge to crypto can say that it will be tough for crypto to rise the same as last year. People should not be so optimistic about Bitcoin and place high targets in the market for it to achieve. I believe in Bitcoin but I also know that it will take quite a while for Bitcoin and the other cryptocurrencies to stabilize in the market and then it will go green.

[Kemarit]

I'm not really sure if this so called experts have a crystal ball besides them to make this bold prediction. Or maybe they are a paid schill as I see EOS and TRX. Well EOS is thought to be the Ethereum killer, but I don't think it will be this 2018, same as TRX. There are a lot of hype surrounding this two but I doubt that it will be sustainable in the long run. Perhaps in the next couple of months, but looking at longer term, it would be hard because Ethereum will still go strong and maintain its status as the top altcoins. As for bitcoin, hard to say, we have been in this bearish trend and we might end up still in this sentiments, no one can really tell. Although I really like to see this bullish predictions, I wouldn't take it seriously until we see it actually happening. Let's not put too much expectations so that we will not be disappointed if we didn't go that further. The market is still in its infancy and we all know that anything is really possible so let's just hope for the best at the end of this year.

[Sadlife]

That's why it's better to hodl then panic sell with the price dipping rapidly and unusually. Im sure a huge bullish run is coming and the storm will finally cease and bitcoin will be reaching new all time heights as history repeats itself. but that does not includes ETH and LTC because they're just altcoins and follows the trend of bitcoin, maybe EOS or TRX will take over the two this year who knows.

[Tankdestroyer]

Who’d be a crypto forecaster?
Back in January, experts had Bitcoin pegged for a value of $43,370 on average by December 31.

They are not crypto forecasters because those who post articles about their crypto forecast are either no-coiners who are paid to shill certain coins, forecasters trying to shill their stash in order to gain a hefty sum or profit, or just somebody who posts unrealistic predictions in order to gain more visitors for their articles(and they get paid a lot for that). That's why they are eager in doing so even if their past predictions didn't happen.

[nsasuiteb]

Just as their previous predictions were wrong, this one might be wrong as well. $6000 is good entry for big investors, at these prices it is oversold for me.

[keanne_isaac]

Who’d be a crypto forecaster?

Back in January, experts had Bitcoin pegged for a value of $43,370 on average by December 31.

At the time, BTC was riding highs of around $18,000. But even in March, when Bitcoin was valued at half that, the panel was confident it could still hold out for $38,000 by the end of 2018.

This month, with Bitcoin still nudging $9,000, the outlook isn’t so rosy from the finder.com.au team. They’re now tipping it can reach $18,883 by December 31 — still a hefty increase on today’s price, but certainly a lot wobblier outlook than at any other time this year.

The June Cryptocurrency Predictions Report was compiled by finder’s 10 crypto experts. You can read more about who they are and what coins they hold here. And out of the 13 coins they ran the ruler over this month, none are expected to be worth less by December 31.

Two, however – Iota (MIOTA) and Monero (XMR) – are tipped to fall 8% and 7% respectively by July 1.
Dogecoin, which in March and April was the panel’s favourite and listed as having the potential to rise anywhere between 3,000% and 5,000%, isn’t even on the list of 13 this month.

Of the winners, the panel has picked out EOS (EOS) as having the best shot at high growth, tipping a possible 206% rise on its price of $16.42 at the end of May.

That would put it at $50.27 by the year’s end.

EOS is the token offered in an ICO by blockchain company Block-one, which helped it recently complete a staggering $4 billion year-long funding round and lure Commonwealth Bank’s former chief financial officer, Rob Jesudason, to Hong Kong as its chief operating officer.

Tron (TRX) is expected to have the second-greatest positive price growth by 31 December of 146%, followed by Cardano (ADA) at 145%.

When comparing the forecast market capitalisations for Bitcoin, Bitcoin Cash and Ethereum, Bitcoin is predicted to see the highest growth by the end of the year, at 99%.

This was followed by Ethereum with a 91% increase, and Bitcoin Cash, with an increase of 76%.

With the current price of bitcoin where it is almost -65% lower than itsvall time high its good to read that crypto experts and forcasters still have positive sentiment that by end of year bitcoin amd alts will still close in gaining territory and i will patiently wait for it