Bitcoin is Ready to Touch $60,000 in 2018- Expert Remains Set for January Prediction
In the month of January Cryptocurrency and initial coin offering (ICO) expert Phillip Nunn made a prediction about bitcoin and how it’s going to see a dramatic change, he said that bitcoin would reach lows of $6,000 and highs of $60,000.
Last week the price of bitcoin climbed almost 18 percent, reiterated his confidence in the prediction he made months ago
‘IT’S GOING TO DISRUPT EVERYTHING’
Phillip Nunn, CEO of the Blackmore and Wealth Chain group, attract the interest of the cryptocurrency and investing communities across the world when he made a prediction that the world is going to see a dramatic change and Bitcoin would reach a bottom of $6,000 and a high of $60,000.
The first half of Nunn’s prediction came true in the month of February when the price of bitcoin fell below to $6,000. After this, many experts were not sure that bitcoin will be able to return to it’s $20,000 all-time high in 2018, no one predicted that it could came anywhere close to $60,000.
In an Interview he told:
“The reality is we’re moving from an internet of information to an internet of value. It’s going to disrupt everything; money, record-keeping, legal.”
The prediction was based on, first of all, market volatility which we’re experiencing at the moment; I think that’s really apparent. I absolutely stand by my prediction.
Nunn added, “The cryptocurrency market is still quite small and limited compared to the other traditional markets, which makes it easier to manipulate. However, news concerning regulation of cryptocurrency, technology and security makes this market truly unique.”