Post
Topic
Board Economics
Re: What Will it Take For BTC to Reach $1000?
by
Harlot
on 02/02/2017, 14:11:30 UTC
I do not think you're going to go for 1,000$  right now, and there's a downward bend. In this direction, when too many people fall down, they will start buying again.

There may be a decline in February. But I do not think you're going to go down the level right now. If the level is as low as $ 1000, it's hard to predict, but at the end of the year it could go up to the right.



You should look at the facts before, when price reaches bitcoin over $1000 it does take a long time, and your predictions in the early February will decline it's wrong, but the price is bitcoin's getting close and back to $1000 and it should not require the end of the year. in my opinion the end of the years bitcoin can reach over $2000. even, I expect the price could go to $10.000 as written in this article https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper
I guess what happening right now is the total opposite of what you are saying. As of today Bitcoin is price at 993$ this Feb 02, 2017 which is 7$ less to be 1000$. That price is good compared to last weeks 850$ price or even in the first week of January when the panic selling started. My views are positive this January because it is highly unlikely that there will be another panic selling happening this month.