Post
Topic
Board Speculation
Re: Bitcoin price to hit $1000 around June 2017
by
shield132
on 08/11/2016, 13:46:24 UTC
Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.



Discuss with old statistics isn't best way to see the future. Yes, it's rate was increasing about 6% per month but also it can decrease. Your opinion is good result of discuss but I think bitcoin's price won't be so high in june 2017. I think it's price will be 700-800$ max, not higher but maybe lower. Bitcoin's price is more stable now and I think it won't increase greatly.