Partner of venture Capital company Blockchain Spencer Bogart (Bogart Spencer) live on CNBC advised capturadora to buy bitcoins and altcoins to get rid of. According to analyst on wall street, bitcoin will withstand a number of drops and the end of the year will reach level in $10 thousand per unit.

“It is absolutely clear that there is an institutionalization of bitcoin. All major banks are trying to do something in this field. Or they offer bitcoins to their customers or better services for the safe storage of digital assets, or create exchange mechanisms for trading them. In General, the deep institutionalization of bitcoin is extremely positive,” he said.

At the same time, Bogart was not in favour of the ICO, considering a big part of altcoins are overvalued and are comparable with the dot-com craze at the turn of the century. He recommended to sell Cardano, TRON, IOTA and NEO and hold Ethereum, Ripple, Bitcoin and Cash EOS.

Recall cryptotriton and investor Willie Wu (Willy Woo) has warned that in the near future the price of bitcoin could fall to a record in 2018 of at least $5500. And the head of Fundstrat Global Advisors Tom Lee (Lee Ton) insists that by the end of the year bitcoin reaches $25 thousand.