Hosp has explained before why a potential cryptocurrency bubble could burst in 2018, but there are several factors that make him see upside potential in the space.
For bitcoin, the most important cryptocurrency by his estimation, he sees a 150 percent potential upside for 2018.
Taking into account several factors, the cryptocurrency market's upside potential could rise to up to seven or eight times present levels, he says.
1. The work on scaling issues
2. Large scale and more legitimate ICOs
3. Regulation
4. A lot of execution and usability
5. Institutional investors
For more info or details heres the link.
https://www.c[Suspicious link removed]m/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html
I think this is reasonable.
I have seen a repeat of price pattern on most of the coins and tokens this year like last year. Bitcoin is going to do very well this year like last year and I have not seen any major issues that is going to limit Bitcoin price as many speculators are saying. This time last year many are saying that Bitcoin is not going to cross $1,000 and we were having a lot of speculations that Bitcoin is not going to cross $1,000 and Bitcoin is going to stay below $1,000 for the rest of 2017 but we can all see the great movement Bitcoin has made in 2017. In this year 2018 we are going to have great price fluctuations and bullish market that is going to push Bitcoin over $40,000.