Bitcoin Rising Is 25k By the End of 2018 Possible?

Some holders of Bitcoin have seen a 4000% increase on their investment over the last two years. Some investors don't see why the trend won't continue with predictions of another 3000% increase over the next four years. This means that by the end of the year it could see a $25,000 price point and by 2022 your bitcoin could be worth upwards of $250,000.

Many traditional investors currently worry about the volatility of cryptocurrencies, but some believe that with power players like Venrock - Rockefeller’s VC arm (https://cryptoslate.com/rockefeller-crypto/ ), a Goldman Sachs executive and Soros Fund Management is likely to reduce the volatility of cryptocurrencies.

Even Brian Kelly of CNBC's Fast Money has supported this prediction in a interview from, April 13. Kelly says that even though “it sounds crazy,” he see's a “continuation of the trend.' Bitcoin is bullish by nature and is backed by very optimistic believers. PayPal CEO, Wences Casares said that he sees a future where this coin will win whether the Silicon or Wall Street venture capitalists believe in it or not. High demand for the currency is growing rapidly in the west. In Canada, Hydro Quebec has revealed that it will turn away Bitcoin miners who wish to have ‘setup operations’ in the province. While this is negative for the miners, it shows the rate at which the coin has grown.

Right now, the most common use case for crypto in Brian Kelly’s opinion is citizens of countries with unreliable governments or banking systems. When asked why anyone would risk losing 20 percent or more with a crypto investment, Kelly said “Well, listen, it’s better than losing 100 percent if your assets are seized by a rogue government.”

When asked about how Tom Lee of Fundstrat’s analysis of a crypto selloff before tax day could be the reason for the market’s downswing since the new year was reconciled by the fact that about two thirds of the crypto market’s volume are in Asia (and thus unaffected by US tax day). Kelly referred to tax selling as just the “fuel on top” of the market trend.
According to Kelly, the run as well as a decrease in transactions, including the Mt. Gox sell off, all contributed to the market’s past downward swing.

The key point for Bitcoin to reach $250,000 by 2022, or $25,000 by 2018, is for transaction volume to increase.