FX.co ★ Experts predict depreciation of bitcoin by the end of 2018
Experts predict depreciation of bitcoin by the end of 2018
In the current month, the value of the most popular digital currency has experienced significant fluctuations - from a rise to $7,735 in early August to a decline to $6,300 in the past week. According to analysts, by the end of the month the price of the cryptocurrency number one may grow slightly and achieve $6,800. The specialists demonstrate their reading of the situation by presenting it in an analytical review.
September 2018
At the beginning of next month, the cost of the most popular digital currency may reach $6,871. Experts predict that the maximum rate of bitcoin may achieve $7,769, and the minimum rate may be at the level of $4,776. At the end of September, the price of bitcoin is expected to consolidate at $7,261.
October 2018
As specialists estimate, the price of bitcoin will "retreat" from the previous level of $7,261 and will be able to reach a maximum of $9,013. In general, experts predict a rate of the cryptocurrency number one in the range from $7,990 to $8,423 at the end of the month.
November 2018
At the beginning of the month, the value of the virtual currency will be consolidated at the level of $8,423, but then may fall to a minimum of $6,668. According to the forecasts, the bitcoin rate will be $7,170 by the end of November.
December 2018
By the end of 2018, the price of the cryptocurrency number one will vary from $7,770 in early December to a significant drop to $5,601. At the end of the month, experts predict a slight increase in the exchange rate of the digital currency to the level of $6,023. It is estimated that in January 2019, the price of bitcoin will increase to $6,900.