Post
Topic
Board Economics
Re: Bitcoin's Next Direction 2017 Predictions
by
wxa7115
on 08/05/2017, 20:52:25 UTC
I have a hard feeling that there will be a good correction price of King BTC. May be $900-$1100, what do you guys think? In crypto , it is quite normal. But BTC is becoming stable. So far I have made some profit by trading, not that much cause I am new

I would dare to say that Bitcoin can reach $1600 - $1700 level before there would be a small prediction before heading all the way to the dreamed $2000 level maybe towards the end of 2017 or at least early 2018.

Anyway, there are all just analysis and predictions and there is no one on this Earth that can exactly say what will happen in the coming days even if we know hoe to read indicators.
You are right, No one can predict the exact price of 1 bitcoin in the future even if he is an expert. So estimation said that bitcoin maybe will increase to 2000$ in the end of 2017 or maybe the begining of 2018. By the way, I don't see that this currency can fall soon. Current price is awesome now, but I think we will await for an amazing price soon.
One issue with predictions is that is very hard to give any kind of accurate prediction since there are so many things that could happen, but that is why instead of giving a definitive prediction most of the time you will get ranges of prices and dates instead.