A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
it's very high ambitious, that the prediction at the end of the year will now go up, but for me it is still a high risk need to be taken into account because the prices in the current month are still up and down predictions for the next month or not the price will be good. the year before it was translucent to $ 50k
Bitcoin lately keeps changing here and there that can hardly be speculated as early as now. But looking back to 2017s bitcoin price in the middle of that year who would have thought that it will reach up to $20,000 during the last quarter. Meaning we really dont know what will happen but I am hoping this year is going to be just like last year so that we can earn a huge amount of money from our investments.