Now anyone see bitcoin has been reached at $1504. It is superb for me and also for all investors of bitcoin.
Since last year in 2016 in this month bitcoin was under $400 to $550. So now we see in this time bitcoin has a double or triple price. So its mean the next coming year in 2018 bitcoin will be reached at $2500 to 3000.
Am i right? what's your opinion?
Your analysis is right and even everybody is happy that the price if bitcoin is increasing at a progressive rate but you will also agree with me that the journey has been long in other to reach the point at which we are today. To assume that by 2018 it would have reached $2500 to me would be a wishful thinking because it would mean we want to assume there are not factors that would negate that which can even make the price worse of from the position we are currently are. Let's just play the part we are playing and the the forces of the market or behind the market decide what the price will be.