Bitcoin to Reach $96,000 in Five Years: Satis Group Presents Bullish Price Predictions

Research company Satis Group teases the crypto community with extremely optimistic price predictions that are based on a quantity theory and economic forecasting

Fri, 31/08/2018 - 18:54

Bitcoin to Reach $96,000 in Five Years: Satis Group Presents Bullish Price Predictions

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Satis Group, a San Francisco-based research company, teases the crypto community with extremely optimistic price predictions that are based on a quantity theory and economic forecasting. Their report states that Bitcoin could surpass the $96,000 mark as early as in 10 years. Monero (XMR) and Dash (DASH) will also grow exponentially, reaching $39,000 and $3,000.

The report snubs Litecoin (LTC) and Ethereum (ETM)– according to Satis Group, they will struggle to reach significantly higher peaks and stall around 2019. However, it is far better than the Ripple (XRP) projections– the price of the third largest cryptocurrency by market cap will dwindle to $0.004 in a decade.

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About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.