Published on : 2017-05-26 22:05:14

From its initial price around $300 to the current market price of $1,578 at the time of publishing, the cryptocurrency has already recorded a 426% growth rate. The size and computing power of the Bitcoin mining network, which confirms and validates transactions, has risen exponentially since then, and the number of users, merchants, and exchange volume has grown similarly. This means that with the 50% growth he expects in 2018, bitcoin cash too may appreciate to the $2,000 to $2,500 range. Personally, I see increased demand given a limited supply and geopolitical events pushing up the price, but how high I cannot guess. In his prediction, he expects bitcoin will go up to $15,000 or maybe even $20,000 in 2018. Bitcoin cash price forecast and predictions for 2018 Posted by Martin When bitcoin cash first forked from bitcoin in August, it seemed like just another altcoin that would just go unnoticed.

However, what really matter are the fundamental factors, and these too are leaning positively toward bitcoin cash. Besides, bitcoin cash has been making its own improvements to establish itself as its own cryptocurrency bitcoin price predictions for 2017. Nevertheless, it raises the bar for bitcoin cash above the more conservative forecast by Ronnie Moas. All signs show that bitcoin cash is about to become its own established cryptocurrency in 2018, and that means it will grow in value bitcoin price predictions for 2017. However, many things are different this time around. Not only can it hit this target in 2018, but it may even surpass it.

Those efforts have seemed to fail, as Bitcoin continues to climb, its market cap now approaching $18 billion, while its next closer competitor, Ethereum is struggling to break through $1 billion. Already, a hard fork has been successful, and they have fixed an error that caused many losses when users sent BTC to BCH addresses. Based on this reading, a $2,000 price tag may be very likely at the start of 2018, after which we may be heading toward the $4,000 – $5,000 range by the end of 2018.Dragonchain.
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By applying a fundamental and chart analysis approach to define a bitcoin price forecast for 2017, we see the price of bitcoin rising to $2,000 in 2017.
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The value of bitcoin cash has been gradually rising since it was first launched, and now we should look at what 2018 holds for the cryptocurrency

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bitcoin price predictions for 2017

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