Saxo Bank’s Van-Petersen: Bitcoin Price At $100k By 2019 Is ‘Prudent’

in #bitcoin • 8 years ago

Saxo Bank global macro strategist and famous Bitcoin bull Kay Van-Petersen has said Bitcoin prices will hit “$50,000 - $100,000 within the next six to 18 months.”

Speaking to Bloomberg in a short interview, Van-Petersen explained that the influx of institutional money would be the “catalyst” in pushing Bitcoin prices even further.

725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kNWMwOTUzYWZkNThiMTAwODFmM2E0ZGY3ZTk4ZTI3My5qcGc=.jpg

“We’ll get a cascade of ETFs, mutual funds and other investment vehicles breaking out,” he forecast, describing the $100,000 price tag as a “prudent” prediction.

#future #allthewayup
8 years ago in #bitcoin by
$0.00
    2 votes
    Reply 0

    Coin Marketplace

    STEEM 0.06
    TRX 0.31
    JST 0.060
    BTC 67846.70
    ETH 2053.22
    USDT 1.00
    SBD 0.50