Quote from: rajasumi3 on May 28, 2017, 03:19:01 AM

Well the price of bitcoins would increase upto 5000$ by the end of this year and we can expect that the price of bitcoin to reach upto that ,well it might increase the price upto 8000$.People will say that it is bubble but it is not,it is just a price correction and their will be price hike in no time.

But I believe prices may hit $5000 levels by June month of this year too. Because, this sudden correction has no justification so we are unable to find any reasons for prices falling down from $2850 levels. It may mean that some whales would have booked profits and panic traders just followed them. But actually bitcoin was poised to reach $3000+ levels by this time if that correction was not happening.

Based on these, I speculate bitcoin may reach $5000 levels in June and $10,000 in December. We are going to have more number of new investors world wide. Get ready for reaching moon !