In my opinion, Bitcoin is amazing value at US$1500 per Bitcoin.
At that level, Bitcoin matches the value of an ounce of gold.
However, Bitcoin is more scarce than Gold as an asset and it therefore has the potential to be much higher value.
Some people believe, that based on consistent RISES and FALLS by percentage, that Bitcoin will bounce back later this year or early 2018 to as high as US$91,000 per bitcoin.
Will that happen?
No one can predict.
Will Bitcoin crash further?
No one can predict.
What is the worse case scenario?
Levelling out at US$3000.
What is the best case scenario?
Levelling out at US$75,000.
What is the most likely scenario?
Rising to US$25,000.
When will this happen?
Within 3 to 6 months.
Why is that likely?
LIGHTNING NETWORK.
CONSUMER LOW COST TRANSACTIONAL USE.
REGULATION STABILISING ASSET CLASS INVESTMENT.
