• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

DayTradeFEED.com

Your One Stop for all things day trading!

  • Home
  • About DayTradeFEED.com
  • What is Day Trading?
    • Intro & Terminology
    • Should I Day Trade?
    • Pros and Cons
  • Trading Tools
    • Day Trading Books
    • Helpful Links
    • Market Info
    • Video & Audio
  • Cryptocurrency
    • Getting Started
    • Types of Cryptocurrency
    • Cryptocurrency History
    • Buying & Selling
  • Contact Us

The Independent

Will the Price of Bitcoin Double in the Next Year?

June 8, 2018 by tradersolution

Day Trading Bitcoin | DayTradeFEED.com

Will Bitcoin’s Price Double by the End of 2018?

Despite recent price stalls, several cryptocurrency experts believe Bitcoin will double in value by the end of 2018. The report from Independant.co.uk is great news for those day trading Bitcoin, as there is sure to be significant market volatility in the coming months.

“I believe bitcoin’s price will continue to fluctuate between $6,500 and $8,500 in the coming weeks,” David Hanson, a blockchain expert and CEO of the gaming platform Ultra, told The Independent. “In the medium-to-long term, bitcoin’s value should go up, as big institutions enter the crypto space in a bid to gain first-mover advantage, further legitimising the market.”

Day Trading Bitcoin After Its Fall

Bitcoin was valued at more than $19,000 in December 2017. In the half year since, owners, investors and those interested in day trading Bitcoin watched its value drop like the Hindenburg. The most recent data shows Bitcoin’s current value at just around or under (depending on who you talk to) $7,700.

During this time, many cryptocurrencies hit the market, which sent each of their respective values through significant peaks and valleys. The dust is still settling, but look for the Bitcoin market to seem stagnant in the near future.

As time moves on, however, look for that market to trend up and up some more. Be patient! You should then be able to ride that up trend for awhile.

New Regulation around Day Trading Bitcoin?

Bitcoin and its nose dive (see above) was caused by a variety of events. First of all, there is almost zero regulation around these cryptocurrencies as it currently stands.

Because of this, recent law making sessions have seen an increased focus on this new area of the economy. Due to these sessions, many owners, investors and those day trading Bitcoin have seemed to shy away from the market. This wasn’t good for the all around vibe surrounding Bitcoin, which caused the price to drop.

In addition, a spike in governments seizing Bitcoin and other cryptocurrency for legal matters is causing some concern. Noteworthy cases include the recent MtGox case, where Bitcoin was taken and sold on different exchanges.

Want to Learn More About Day Trading Bitcoin?

Contact Us to learn more about day trading bitcoin, day trading forex or any other possible market!

Filed Under: Cryptocurrency Tagged With: bitcoin, Bitcoin Value, cryptocurrency, day trading, Day Trading Bitcoin, daytradefeed.com, Independent.co.uk, Learn to Day Trade Bitcoin, Learn to Day Trading, The Independent

Primary Sidebar

Recent Posts

  • VGL Assessment – Precisely What Do We Know About It?
  • Recipe for Romance: The Quintessential Intimate Restaurants in NYC
  • How can I Get men to Make?
  • Term Papers Writing Services
  • Cherry Blossoms â „¢ Se ha convertido Facilitar Interacciones transculturales durante más de 40 años
  • Acquiring Linked from inside the Digital Era
  • Am nützlichsten Matchmaking Programme für Starten

Learn more!

About Day Trade FEED

This Year’s Archive

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • August 2021
  • July 2021
  • April 2021
  • February 2021
  • October 2020
  • April 2020
  • December 2019
  • July 2019
  • May 2019
  • April 2019
  • March 2019
  • January 2019
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018

Categories

  • blog
  • Cryptocurrency
  • Dating Online
  • Day Trading Programs
  • Day Trading Results
  • DayTradeFEED Investigates
  • Education
  • Featured Story
  • Forex
  • Futures
  • Kevin Jones Day Trading
  • Kevin Jones Indicators
  • Kevin Jones Trading
  • Terminology
  • Uncategorized

We Are a Day Trading Blog

bear markets bull markets crude oil futures day trade day trade bitcoin day trade feed daytradefeed.com day trade forex day trade from home day trade futures Day Trade My Money day trading day trading forex day trading futures day trading indicators day trading scam day trading system day trading terminology DemoDayTrading.com donald trump EUR eur/usd Euro feed forex forex factors forex market forex trading futures Kevin Jones kevin jones day trade kevin jones day trading kevin jones forex kevin jones trading learn to day trade make money day trading Matthew Poll Matthew Poll Day Trading Matthew Poll Scam Matt Poll matt poll day trading Matt Poll Scam matt poll trading stock market usd

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in