Bitcoin prediction 2018: Bitcoin has had a success in recent weeks, plunging into a two month close to Friday though the cryptocurrencies volatility is “nothing new” and does not stop it soaring this season, in accordance with ONchain Capital founder, Ran Neu Ner.
Speaking to CNBC, he was quoted saying: “Yeah but bitcoin climbs up, bitcoin goes down, bitcoin rises and down quickly.
“If you recall a few months ago we had been sitting the following and bitcoin was under $8,000.
“It raised to $20,000 in under a fortnight so this is nothing new.
“We’ve seen bitcoin rise and we’ve seen bitcoin go down, we’ve seen it decrease 1 / 2 during a period.
“But it’s a good resilient currency, commodity asset that just keeps increasing afterwards.”
Though the investor said he could see bitcoin could fall as little as $7,500.
He explained: “So I’m thinking around $8,000 is at the bottom, maybe it will be marked down to $7,500.
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