Despite the ongoing volatility in the cryptocurrency market, expert Phillip Nunn stands by his Bitcoin rate prediction of $60,000 by the end of 2018.
It’s no secret that the worth of Bitcoin has actually dropped considerably from its all-time high back in mid-December 2017. As soon as striking nearly $20,000, the number one cryptocurrency has actually dropped to $6,549. Yet expert Phillip Nunn is standing company on his Bitcoin cost forecast of $60,000.
The rate of Bitcoin and other cryptocurrencies has been on a rollercoaster ride this year, albeit primarily downwards. The expected bull run has cannot materialize up until now, frustrating investors and hodlers alike.However, Phillip Nunn, the CEO of The Blackmore Group and Wealth Chain Group, is still positive. He informed BusinessCloud earlier this year that Bitcoin would strike both $6,000 and $60,000 this year.At a recent occasion, he talked about Bitcoin getting closer to $6,000, telling BusinessCloud: