Last updated on January 2nd, 2018 at 12:00 am
“The rise of bitcoin and other cryptocurrencies has been one of the most spectacular phenomena of financial markets in recent years. Bitcoin will continue to rise – and rise high – during most of 2018, but Russia and China will together engineer a crash,” the Danish bank predicts.
After that, bitcoin will collapse to $1,000 by 2019, according to Saxo.
Eulogy made by Saxo Bank