What’s your idea about bitcoin development in the future?

According to the quarterly report on April, 18, Saxo Bank from Danmark was still optimistic about the development of cryptocurrency.

Jacob Pouncey, as the analyst of in-house team in the bank, doubted that if the cryptocurrency capital is getting into a new cycle after seeing the springboard of the bull market.

The bank is famous for the forecasting of bitcoin price. When the price of btc to usd is between $450 and $950, the experts predicted the price would achieve $2100 next year, which was considered as an amazing forecasting.

When it comes to the topic that if the relevant factors would change the trend of decline of the first quarter, Jacob indicated that the bear market of cryptocurrency would end soon.

As far as I’m concerned, no one can state exactly how bitcoin is going to develop in the future. But the trend is optimistic generally. What’s your opinion about the bitcoin performance?

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