Post
Topic
Board Speculation
Re: are we out of the bear market?
by
Snorek
on 07/09/2017, 21:23:39 UTC
Bear market?? We have had an incredible rise in price over the last few months so I am not sure we are in a bear market.

If you mean the dip we had due to China banning ICO, its all part of the normal ups and downs and the overall trend for BTC is UP.
There is no bear market considered the state of bitcoin in 2017, these minor inconveniences hardly can be called bear market.
I can't promise anything but after thorough analysis of trends and market prediction it is  safe to assume that bitcoin price target to $7,500 before then end of the year.

Heck it might be even higher, just see that we are far above estimated price predictions for 2017 - https://www.cnbc.com/2017/05/08/bitcoin-price-hits-record-high-and-4000-is-ahead-investor-says.html