Bitcoin to Hit $18,000 as Experts See The Signs The first cryptocurrency will continue to rise in price, and altcoins will randomly soar in price, says Michael van de Poppe, an analyst with the Amsterdam Stock Exchange. And Bloсkroots co-founder John Rager expects a new high of value from the main digital asset. The Bitcoin exchange rate probably started moving to $ 18,000, wrote Michael van de Poppe, an analyst at the Amsterdam Stock Exchange, on his Twitter account. This is evidenced by the unpredictable rise in the cost of altcoins, which will continue over the next three months, the expert suggested. It starts to feel like it’s indeed a copy of the period in January 2016, the period I’m referring to a lot. If so, then we could have 3 months of ridiculous volatility on altcoins & movements, before halving pre-pump is there on $BTC. Target then should be; $18,000.— Crypto Michaël (@CryptoMichNL) January 16, 2020 “What is happening on the market right now is a copy of the period of January 2016 … if this is so, then we will have three months of ridiculous volatility in altcoins ahead of the Bitcoin halving. And then the next goal for his course is $ 18,000” Poppe predicted. An even more optimistic scenario was proposed by John Rager, co-founder of Bloсkroots trading service. According to him, the Bitcoin rally began after the coin rate rebounded from the historical support level located at $ 6400. $BTC UptrendFixed range Volume Profile shows the importance of Point of Control (POC) for a major range to act as support 2018 POC held as support at $6,400sIMO, we should see the 2019 POC act as support at $10,100= Price should stay above $10,100 on its way to new ATH pic.twitter.com/VkpUYqTYrO— Josh Rager 📈 (@Josh_Rager) January 17, 2020 As a result of this, the main digital asset can set a new maximum value, the expert believes. He noted that for long-term growth, the price of Bitcoin must overcome the global resistance level of $ 10,100 and gain a foothold above it. William Suberg, an analyst at the Cointelegraph portal, called another obstacle to the take-off of the first cryptocurrency. Its price should rise above the resistance level of $ 9,000, expressed by a 200-day moving average, the expert stressed. The Bitcoin exchange rate can soar up to $ 100,000, and this is more real than it seems, Blockstream CEO Adam Back wrote in his Twitter account. The reasons for this, he called the widespread cryptocurrency and the potential inflation of the US dollar. If a currency depreciates ten times over time, then the primary digital asset will become more expensive relative to it, the entrepreneur believes. It's closer than it sounds as along the path of hyperbitcoinization, the USD inflation rises, eg aided by Modern Monetary Theory rationale for high inflation, so $1 becomes worth say 10c over a decade or two of monetary craziness, then $10mil/BTC is $1mil/BTC in today's money.— Adam Back (@adam3us) January 11, 2020 As we reported on January 15, the same level was noted by Coindesk portal analyst Omkar Godbole. He expressed confidence that Bitcoin will be able to rise in price to $ 10,350 in case of overcoming the psychologically significant mark of $ 9,000.