Crypto currencies are in a volatile state right now. As a result, everyone is trying to guess where the market is headed. Will it go up, down, or stay stagnant? It’s a good question, and in today’s article I’d like to add my own 2018 Bitcoin prediction.

Actually, this isn’t just a crypto forecast, but rather a look at where the entire U.S. Economy may be heading.

Ready?

Here it goes.

The U.S. will suffer in the near future. Specifically, the stock market.

The threat of trade wars, tariffs, and other such events are creating panic on Wall Street. Additionally, investors haven’t fully recovered from the January market dip.

This is a good indicator that we’re headed for a bear market.

(Current Stock Market Trend)

As stocks continue to fall and the economy gets more and more unstable, expect BitCoin values to surge. People want a good long-term investment, and crypto coins will start looking like a good option.

While I’m not sure if BitCoin reaches a new high during this time, I do see it returning to the $10,000 – $12,000 range. Likewise, I’d imagine that many alt coins are lifted up with it. Investors searching for the next Ethereum or LiteCoin will start gobbling up smaller assets.

Lastly, many big banks and Wall Street firms have been secretly manipulating the BitCoin market. They drive prices down, then buy the dip.

Why?

Because it lets them get into the crypto space at bargain rate prices.

Additionally, I suspect that many of these firms are also using their crypto holdings to hedge the looming threat of recession.

When stock prices plummet, they’ve got a back up.

It’s a good strategy and one that helps them minimize their loses.

Final Thoughts On The Summer Of 2018 BitCoin Prediction

While this article is pure speculation, as are all market predictions of any kind, I think its reasonable to assume BitCoin prices will rise if the global markets tank.

And since the United States currently seems like its on the path to another recession, BitCoin’s comeback is something that’s very possible.

Horde your coins, keep calm, and get ready for a crypto resurgence.

P.S. Ready to stock up on Crytpos before the price skyrockets? Use CoinBase. BitCoin is currently selling for under $7,000, making it the perfect time to invest.