From Tom Lee to John McAfee, Bitcoin Predictions Haven’t Aged Well

They came in plenty, some a little conservative and others outright ambitious. There were those who predicted that Bitcoin would hit $20,000 even before the year ended. Others went long term, predicting as high as $1 million in 2020. While the long-term predictions could still come to pass, those who made predictions for the year … Read more

Bitcoin Price Watch: Year-End Price Looks to Be Lower Than Anticipated

At press time, everybody’s favorite cryptocurrency has fallen below $3,175 for the first time in 2018. The price of bitcoin continues to crash and burn, and one analyst is saying the asset may fall to as low as $1,500 before any significant uptrends occur. Bloomberg analyst Mike McGlone says bitcoin is currently trapped in what … Read more

Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee

Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. In a note to Bloomberg today, Lee further refused to delve into his Bitcoin prediction … Read more

Bitcoin Price Watch: Analysts Say the Currency’s Price Could Turn Around

At press time, the father of cryptocurrency has seemingly withered to just under $4,500. This is a major fall from its recent (and not so impressive) price of $6,300, though the market has ultimately stabilized a bit in recent days. Earlier this week, bitcoin was trading for just over $4,100, meaning a $300+ spike has … Read more

Bitcoin Price Watch: Is the Currency Set to Drop Even Further?

At press time, the price of everybody’s favorite cryptocurrency has fallen back a bit to the $5,400 range. Yesterday, the currency was trading at just over $5,500, though it appears it’s found more comfort at a lesser spot. One of bitcoin’s biggest bulls has been Tom Lee of Fundstrat fame. Lee has repeatedly commented throughout … Read more