Post
Topic
Board Speculation
Re: bitcoin can hit 7000$ before end of this year
by
ausbit
on 29/10/2017, 19:09:57 UTC
I hope that this will happen in the end of this year that bitcoin will hit the $7000 because already its value is high as compared to other currencies. Bitcoin is the futuristic currency and therefore it will be more reliable and acceptable currency for all this we should keep in mind the market forces like the demand of crypto currencies and supply of these crypto currencies.
Having good support from the investors the price of bitcoin is trading in a good and stable manner. i am hopeful that if the interest of the investors will continue i am very sure that bitcoin price will very soon reach to 7000$, i am even sure that at the end of the year 2018 the price of bitcoin will cross 8000$. In fact bitcoin price has too much potential to increase.
Looking to the previous history of the bit coin it was not expected that bitcoin will hit even 4000$ but now we are looking that it has almost reached to 6000$ which is beyond our expectations so for bit coin being the king of crypto currency it is not impossible to hit the target of 7000$ at the end of this year.