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Bitcoin prices have dropped 47% so far in 2018, but Money Morning Defense and Tech Specialist Michael A. Robinson believes big things are about to happen for the cryptocurrency.
His bold Bitcoin price prediction shows prices could soar a whopping 1,248%, jumping from $7,413.85 to $100,000 per coin.
You see, it's still early in the crypto revolution, so now is not the time to panic and sell all your coins.
In fact, this could be the time to double down…
Welcome to the Crypto Revolution
Bitcoin was created in 2009 by a mysterious figure who went by the name Satoshi Nakamoto.
That means Bitcoin is less than 10 years old.
But even in such a short time, Nakamoto's creation has already made a huge impact…
Inspired by BTC, there are now more than 1,600 crypto coins trading on CoinMarketCap.com, with a total market capitalization of $293 billion.
Stunning: New innovation will be like "adding twin turbos to the Bitcoin engine" – and could send its price to $100,000. Learn More…
Banks are getting nervous about crypto disrupting their businesses, with 10-K filings from Goldman Sachs Group Inc. (NYSE: GS), Bank of America Corp. (NYSE: BAC), and JPMorgan Chase & Co. (NYSE: JPM) all mentioning cryptocurrencies as threats to their businesses.
Fintech platforms like Square Inc. (NYSE: SQ) and Robinhood are competing with each other to add crypto-buying options for their customers.
Now, we know what you're thinking.
The crypto space is getting very crowded, but Bitcoin still has the best name recognition and is one of the easiest coins to buy. It will be the first crypto coin most new investors own.
And remember, it's still been less than a decade since Bitcoin was launched.
Just imagine what could happen in the next 10 years…