Bitcoin New Price Predictions: BTC Could Hit $18k By September
There have been a lot of crypto predictions lately and it seems that even after the correction in price BTC has suffered lately, the forecast is still an optimistic one.
Bitcoin and the whole crypto market are back on track, in other words, the coins are trading in the green again on CMC.
At the moment of writing this article, the most important coin in the market is trading at $10,426.80.
Experts have been saying that it’s essential BTC remains over the 10k level.
Positive predictions on BTC
The Daily Hodl brings up Fundstrat’s head of research Tom Lee who is highlighting a new call from an analyst who is known in the industry as The Boot.
It seems that this analyst told his 19,000 followers on Twitter that Bitcoin is set for a massive surge to $14,000 in August and $18,000 in September.
According to The Boot, Bitcoin’s four-digit days will not last for too much longer.
“We might never see four digits in this bull market. And unless Bitcoin breaks the macro trend, the bottom of the next bear market should be above $10k.”
Analyst Crypto Thies is also bullish on BTC and he believes Bitcoin is targeting $20,000 in 2019.
Wow. Def bold and from someone who has made great calls… https://t.co/DW7frDA3sq
— Thomas Lee (@fundstrat) July 18, 2019
“While BTC is consolidating above its 2018 resistance and likely prepping for its next move of parabolic growth. October to January are historically the most bullish. Food for thought: It’s probable we see $20k in 2019. More importantly, we potentially won’t see sub $10k again.”
There have been even bolder predictions regarding BTC these days.
Not too long ago, the Daily Hodl reports that a crypto analyst who is known for applying the stock-to-flow ratio to BTC has revealed a bunch of calls where the price of the most important crypto in the space might be heading.
He believes that BTC will be hitting $1 million in less than a decade before it will eventually hit $10 million.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.