Data prediction sites show more conservative cryptocurrencies in anticipation of prices.

There are many members within the cryptocurrency industry who have tried to predict the price of digital assets such as Bitcoin Core (BTC). In addition, there are also many Wall Street people who also try to predict the price of cryptocurrencies: although some of their forecasts of BTC predict that the value of the currency will fall to zero, some believe it will be between 25 and 100 thousand per currency for late of 2018. Then there are organizations that use software and data analysis to predict the price of digital currencies and a research firm, Trefis Technologies, believes that its end-of-year price forecast for BTC ($ 12,500 USD) will be accurate in base to analysis.

Trefis Technologies is a company that uses data and analysis to measure risk, create a system of records and predict market trends. This week, Trefis has updated its Bitcoin Core (BTC) pricing prediction based on aggregate data based on the number of active bitcoin users and daily transaction values.

According to the company's June research notes, the prediction has fallen around 17 percent, from $ 15,000 per BTC to around $ 12,500 by the end of the year. The Trefis research firm also believes that the current global regulatory climate towards cryptocurrencies has been affecting the overall value of BTC. The June analysis says:

"The global cryptocurrency industry has seen a wave of new developments since December. Many of these developments had a negative impact on the growth prospects of cryptocurrencies, such as banks' restrictions on the use of credit cards to buy cryptocurrencies, and calls from financial regulators around the world for precaution when investing in digital coins ".

The Trefis system or the 'Bitcoin Price Estimator' claims to be extremely accurate when it comes to market trends and forecasts. The company says that by performing a backup test of the Trefis Estimator to obtain monthly average BTC prices, the system has shown a 94 percent accuracy rate.

Trefis is not the only price estimator for cryptocurrencies in the Internet block, as there are some other online services that aim to predict prices by the end of 2018, and even within five years. Another web portal called Wallet Investor also uses analysis to forecast the price of a variety of different digital assets.

For example, the prediction site details that Ethereum (ETH) will skyrocket to $ 1,221 by the end of the year and in five years the website guesses that the price will be $ 3,900 per ETH. The same web portal predicts the total value of Bitcoin Cash (BCH) in a year, and estimates show that the site anticipates that the value of BCH per currency will be $ 1,922. In five years, Wallet Investor shows an increase in the BCH price of around $ 5,949.

The forecast for the popular 'coin currency' Ripple (XRP) sees its price jump to $ 1.37 per token and the XRP prediction for five years is only $ 4.60. These data forecast sites, such as Trefis Technology and Wallet Investor, show much more conservative projections than the number of investors who predict that BTC will be $ 25K or more by the end of the year. In addition, some people may find that the actual data may provide better estimates than a large venture capitalist, who is simply guessing and who draw media attention to themselves.