Post
Topic
Board Economics
Re: What Will it Take For BTC to Reach $1000?
by
ikydesu
on 02/02/2017, 17:36:22 UTC
I do not think you're going to go for 1,000$  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

That's just a speculation, but not impossible if it's will happens in the future with the current price movement and the "little good news" about bitcoin spike bitcoin price up.
It's has been reached $1k now, In same day I see the news about bitcoin price rise $1k in China and korea, also current news about WU shares drop in mexico and bitcoin the solutions for them. It's not really big news but the effect good for bitcoin.