Jan 30th, 2019
Bitcoin Volatility Proves Problematic For Top Analysts
High-profile crypto enthusiasts such as Mike Novogratz made wild predictions on Bitcoin's price in 2018, most of which proved wrong. Tom Lee of Fundstrat said Bitcoin would hit $25,000 by the end of 2018. It didn't. So now, Lee - and others - are staying away from timing calls altogether. 2019 is off to a rough start for digital assets, with most coins continuing their downturn in January. The entire industry is under pressure with costs to mine Bitcoin mounting and worries about security. (Source: Bloomberg)
