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Bitcoin Could Rise As High As $35000

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by , 05-02-2018 at 05:55 PM (846 Views)
      
   
A survey conducted by a start-up Cryptocurrency mining firm about Bitcoin found that majority of the respondents have an optimistic future for the leading cryptocurrency. Twenty six percent of those who were surveyed believe bitcoin will cross $25,000, while 10 percent said the Bitcoin value will go above $35,000. Almost 9 percent think it will go beyond $45,000. According to 15 percent, the digital coin will go no higher than $15,000, and 5 percent think it will not rise above $10,000. Only 2.5 percent think Bitcoin won't exceed $5,000.

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Wall Street analyst Thomas Lee is similarly bullish. He recently told CNBC he believes bitcoin will rebound and surpass $20,000 by mid-year.

David Drake, chairman and founder of investment firm LDJ Captial, said last month that he sees Bitcoin reaching $30,000.

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