if it turns out as predicted, $50000 by march 2017 would be plausible.
That would require a mountain of real people to suddenly throw vast amounts of their hard earned money at something almost all of them still know zero about.
Theories and fractals and friends are all well and good but don't play along with the real world.
What da f thats to much prediction for you men, bitcoins price didnt really reach for that price as you mentioned and I see the biggest price reached by bitcoin in history is at 1k$ and follows by big crash hope it will not happen for this time, but for predicting bitcoin will reach to 50000 thats a lot of zero for predictinng and very imposible to happen and manny money tO invest so the price will go to that, but the nearly prediction price is @ 700-800$ mark by that it can be decent and true to come prediction and we can say safe zone for bitcoin to avoid big crash