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His January prediction for a gain to as high as 100,000 was based in part on expectations that the introduction of regulated futures in the.S. He has since pared his expectations even further. I was bullish and I picked a nice round number with psychological significance, Hayes said in an email. No asset class in human history has ever experienced such a rapid boom and total utter bust and implosion. Benjamin Quinlan, Quinlan Associates Forecast Below 1,800 Quinlan got Bitcoin s direction right in 2018, though his forecast will likely end up being a little too pessimistic when the clock strikes midnight on Dec. Looking ahead, Quinlan sees more downside. Thank you bitcoin bakkt date for taking the time to check out. Until institutional investors step in, in November 2017, the ex-Goldman Sachs Group Inc.