Post
Topic
Board Economics
Re: Bitcoin's Next Direction 2017 Predictions
by
mersmerizer
on 08/05/2017, 23:14:25 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 do not think Bitcoin will touch $900 during the correction.  I think the lowest possible price if correction occur would be $1300 but I think Bitcoin will stay around $1500 for sometime before going in to $2000.  I do believe it is possible to have $2000 btc at the end of the year because of the good news on Bitcoin adoption .

Bitcoin price as of today is $1677/btc. there is only 300 more to go until BTC hits the $2000 dollar mark. A 1300 correction could but the way prices are looking right now, I think bitcoin is more likely to hit $2000 before making any major corrections.