Bitcoin to 'soar to $60k' before 'Russia and China engineer crash', Saxo Bank predicts

Bitcoin to 'soar to $60k' before 'Russia and China engineer crash', Saxo Bank predicts
 

The cryptocurrency will continue to rise “during most of 2018” peaking at an eye-watering £45,000 ($60,000) until Moscow and Beijing begin a crackdown on digital currencies, according to Saxo Bank.
Cryptocurrency experts made the forecast as part of the company’s “outrageous predictions” for 2018, events the Danish bank says are “highly unlikely” but “with under-appreciated potential” to send shockwaves through financial markets.
As of 3pm GMT on Saturday, December 16, bitcoin is valued at $18,504 according to CoinDesk. 
Saxo Bank predicts it will soar to its peak as investors become more... read more

 
16 December 2017 in World News, Views: 56
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