Post
Topic
Board Speculation
Re: Bitcoin price to hit $1000 around June 2017
by
serjent05
on 24/11/2016, 09:37:38 UTC
I quite believe bitcoin could reach 1000USD. Today the price of bitcoin is 750USD. 250USD increase is very possible to occur during the next two months. because bitcoin prices can increase and decrease very quickly.

That's true, but for the price of bitcoin to reach up to $1,000 in June 2017 is quite too long because the price now for this fourth quarter of the year which is still not ending the price now is 3/4 for that aim price. My prediction that the price of bitcoin will reach $1,000 maybe by the end of December or January and it will be $1,100-$1,200 in June 2017.

My prediction is early 2017 or onwards. 2017 will be a good year for 2017 since as of now, there are many good news about bitcoin and there are several press releases of company the will be launching their project next year.

I also hope that your prediction will come true. We cannot be certain when the price will reach 4 digits but it is very near to come true. We also need to work in order for this to come true. Let us keep using and promoting bitcoin so the price will push higher as the demand increases.  

It is possible that bitcoin will hit 1000 USD earlier than June 2017,  If you observe, the new floor now is ranging from 720 USD - 750 USD,  and hype of SegWit activation is at the door.  Once SegWit got the needed vote to be implemented, new sets of Hype will be published.  With good news everywhere, there is a great chance of Bitcoin Price to bubble, and my guess would be 900 USD at the end of the year  if Segwit is activated and is succesful.  From that 1000 USD is not far from achieveing.