Bitcoin will not hit $50K in 2018! Crypto analyst Ran NeuNer retracts claim

01 Nov, 2018
by Joeri Cant
News
Bitcoin will not hit $50K in 2018! Crypto analyst Ran NeuNer retracts claim

The host of CNBC's Crypto Trader show, Ran NeuNer, tweeted out the prediction that Bitcoin will reach $50,000 by the end of the year, and this on the 1st of February 2018. His tweet got over a 1000 retweets and over 5000 likes.

Now he retracted his prediction in a tweet earlier today.

According to Cointelegraph, NeuNer apparently has changed his bullish prediction due to the recent state of the market, and wished to clarify his current position.

'Given we are in a bear market and no good news is moving the market, I can’t see a $50k btc this year.' Nuener said.

When he was asked to make a new prediction, he firmly declined, by saying it is 'too complicated'.

Even though NeuNer ended his tweet with a laughing emoji, some of his followers are not feeling it.

Others applaud him for retracting his prediction.

What do you think? Do you think NeuNer knows what he is talking about? Let us know in the poll below.

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Do you think NeuNer knows what he is talking about?

(18 votes)

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