Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash.
https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.
This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.
are you saying right now is the time when we should invest in bitcoin?I mean i had .5btc and poloniex stole it from me last month.after that i am sacred and negative with bitcoin though i can see price is rising everyday.What are the future possibiltys of bitcoin ,i need to get motivated in this.
How? I mean how did it got stolen?? You can trust bitcoin, loosing faith in just a simple business doesn't works! You just have to be aware. Yes, there are some frauds out there for this you have got to do some more research before doing some investments.