Earlier this week, prominent bitcoin trader and investor Tone Vays provided technical analysis on bitcoin’s short-term trend, major price correction following the nationwide ban on Chinese bitcoin exchanges, bitcoin’s swift recovery, and the long-term future of bitcoin. The analysis of 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.  Based 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.
| author | rajeevkumarsingh |
|---|---|
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| category | cryptocurrency |
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Bitcoin to the moon!
| author | blockchainbros |
|---|---|
| permlink | re-rajeevkumarsingh-bitcoin-price-is-heading-towards-usd100-000-in-2018-20170922t043232535z |
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.cryptocoinsnews.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
| author | cheetah |
|---|---|
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Congratulations @rajeevkumarsingh! You have received a personal award! [](http://steemitboard.com/@rajeevkumarsingh) 1 Year on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
| author | steemitboard |
|---|---|
| permlink | steemitboard-notify-rajeevkumarsingh-20180919t043511000z |
| category | cryptocurrency |
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Congratulations @rajeevkumarsingh! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@rajeevkumarsingh/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@rajeevkumarsingh) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=rajeevkumarsingh)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
| author | steemitboard |
|---|---|
| permlink | steemitboard-notify-rajeevkumarsingh-20190918t161739000z |
| category | cryptocurrency |
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Bit coin here I come.
| author | stevenmosoes |
|---|---|
| permlink | re-rajeevkumarsingh-bitcoin-price-is-heading-towards-usd100-000-in-2018-20170922t044015608z |
| category | cryptocurrency |
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