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 had that Wall Street guys want to invest and trade cryptocurrencies and many large and powerful investors are coming into the market especially the institutionalized one and this in no wise is going to influence the price. we are having the best year in 2018 and there is no year that bitcoin has made head line like this year and we hope those good news are translated into prices.