While creating this topic, bitcoin is standing at 618 USD. So I want to know your prediction for the year of 2017. What is the milestone you have targeted?
Will it be able to hold its strength at 750 USD by the end of 2017? Voice your opinions.
My prediction for bitcoin before this year ends is that it will reach to 5k usd and it did happened. So i guess it will stay at 5k usd mark before January 1st, 2018. But who knows, it rolls to 6k usd before this year ends? That's the scenario of bitcoin in the market. It's unpredictable.
Future is unpredictable and bitcoin prices are mainly depending on the user demands and in 2k17 people are more attracted toward bitcoin thats why prices are gone up to 5000USD and my prediction will come true that it will cross 8000USD milestone easily at the end of this year because people are rushing toward this might coin and in result price rises up to 1000usd PER week.
2017 is going to finish and the bitcoin price is still unstable. The volatility in the price is the main cause of low investment in the last term of 2017. Thats why the value of bitcoin decreases more than 1500 dollars in a single bitcoin which is a very huge amount.
But I think that in the last month of 2017 the price may reach to 5000 dollars which will give a huge profit to investors, and in the beginning of 2018 the price of bitcoin will go up more because many big countries are going to legalize bitcoin as a regular currency.