Deutsche Bank has mentioned bitcoin in the list of 30 risks for the global economy in 2018. And the Danish investment Saxo Bank has predicted bitcoin to rise to $60,000 in 2018, after which the cryptocurrency will collapse to $ 1,000.

The price of bitcoin could collapse dramatically in 2018, Torsten Slok, the economist at Deutsche Bank, wrote in a notice to the bank's clients.

His colleague, Christian Nolting, Deutsche Bank chief investment officer, added that “cryptocurrencies currently represent a highly speculative and unregulated risk investment.”

Nolting also noted the merits of cryptocurrencies. According to him, most cryptocurrencies are limited in emission, and therefore have a low inflation risk, which allows them to be used as an alternative to currency in those countries that faced hyperinflation, such as Venezuela.

Meanwhile, the investment bank Saxo Bank in its annual report writes that in 2018 the bitcoin rate could soar to $60,000, but after that, it may collapse to the level of "production costs" of $1,000.

“The rise of Bitcoin and other cryptocurrencies has been one of the most spectacular phenomena of financial markets in recent years. Bitcoin will continue to rise – and rise high – during most of 2018, but Russia and China will together engineer a crash.”

According to Saxo Bank analysts, Russia and China will tighten the regulation of the decentralized cryptocurrency ecosystem and offer its alternative - national government-backed cryptocurrencies. This virtual money will be more active and easier to use as a means of payment, and their rate will be stable, which will reduce interest in cryptocurrencies as a whole and bitcoin in particular. By 2019, bitcoin will fall in price to $1,000.