Hi guys....What do you think about bitcoin's price by end of year? I think It is about 5000$ if it will not a big infusion
When big boys come that will be cool....
With the way things are going on right now, there is a big possibility that Bitcoin can be as high as $6,000 as we enter a new year 2018. But there can be some dampening in November so that can affect the price movement. However, knowing Bitcoin it can easily recover from any setback as shown in days after August 1 when we experienced a continuing surge in value which can still be felt until now. Many people are really expecting Bitcoin to jump by leaps and bounds in the remaining months of 2017 and with renewed vigor and more excitement in 2018. We are all looking for a greater year 2018 as Bitcoin would be facing new and different challenges.
I can't conclude for a moment that bitcoins would reach for 6000$ since its pretty far to be happen since it needs more money to be put off, but for now I conclude that 5000$ price would nearly to come since and that is the nearest price and there's so many people really keep looking for this price to be reached since actually they can earn such huge money if this time would be happen.
For me $5000 will be a difficult task to be accomplished, I think $4500 should be the next stop. Although we have hit it, its not sustainable for now because traders are easily cashing it out because the price is really tempting not to sell some of your coins.
However, I'm still optimistic that at the end of the year, $6000 is possible, when you and fresh blood will come to the ecosystem and will to put cash, pushing it to the next level. So we will have to wait and see then.