Post
Topic
Board Speculation
Re: Bitcoin price cycles
by
tn211
on 02/05/2017, 21:31:56 UTC
Thank you for the price prediction and i hope that the price of bitcoins would reach 2000$ by the end of august,even if it does not then we can expect that the price of bitcoins will only reach upto 2000$ by the end of december.

Bitcoin's price is now skyrocketing. Therefore, it is very likely that bitcoin will reach 2000 dollars soon. If, of course, after such rapid growth there will be no precipitous decline

At this moment we are in a pump phase, but nobody really knows what is happening. There is still a debate about scaling bitcoin with large blocks etc.
So I think this pump will only live short, and we can expect it to go down again.