The forecast for the end of the year that Bitcoin will reach $ 29,000, and Ethereum's capitalization will triple. The Finder site conducted a study based on the growth of 12 digital currencies and the comparison of 9 participants in the industry's blockbuster. According to their forecast, the growth of ETH will be 212%, BTC - 194%, and the third place Bitcoin Cash with 123%.
Kevin Lou, co-founder and strategy director for the Hong Kong company CryptAM, said that Ethereum has very good growth prospects, but at the moment the network needs to solve the problem of scaling. CryptoKitties, a game with digital kittens that allows you to acquire and breed crypto pets - something that hinders the development of the ETH network. In the near future this issue will be resolved.
Well look. Forecasts will remain forecasts until proven.
Doesn't mean much because anyone can come out with different predictions on where the price will go by the end of the year, without any proof or analysis. Even if there is analysis, there is no way of guaranteeing that the trend will actually continue or reverse by the end of the year and reach a certain figure.
With this prediction i think that it's very bold.
I don't think that it's likely to come true however. $29k would mean an all time high and I don't see it happening this year. We'll be stuck in around $5k-$15k this year mostly, with little movement upwards or downwards from those two points.