I think we'll hit $2000 this year unless it drops below $600. Because a lot of people are seeing the prices rise, and more people will buy in. Supply is decreasing as time goes on, as it always has in Bitcoin.
Yes because of high demand and stable stock then the price will continue to skyrocket, I'm sure the user bitcoin increasingly loyal and optimistic with the future of the bitcoin so they will continues to buy despite the price is expensive. I predicted the highest price of this year will hit $2500.
I doubt if we will reach $2500 this year if there are no positive triggers. That is more than double today's price.
Of course, if there is a positive trigger (like an ETF getting approved), then the price may reach those levels.
I think even there are a good news we can not touch in that value.. i am sure other competitors or altcoin will doing something just to get some few investors from bitcoin into altcoin..
the possible that i think the price can be reach is around $1.5k to $1.8k this is i think that much possible to happen.
Look at the other altcoin like dash that its a long time that dash coin is not moving high.. unlike this year..