Post
Topic
Board Economics
Re: Bitcoin's Next Direction 2017 Predictions
by
fiomcorka
on 31/10/2017, 08:32:10 UTC
Hello,

After successfully predicting BTC moves in 2016 here on the forum, I have a new set of 2017 predictions that I'm using to trade the current move.

1. Rise to $1,200-$1,300 (Current move)
2. Correction to $800-$900 level and range trading for a while
3. Rise to $1,500
4. Correction to $900-$1,000 and range trading for a while
5. Continued rise to $2,000 by end of year

tldr; BTC will double this year after making a couple of moves up and down.
Your prediction is 2,000 by end of the year and at this moment, we can see the price of bitcoin goes up to 5,700$. its almost 300% higher than what you predicted.
Bitcoin is for sure going to touch 7000 dollars by the end of this years and this is the only reason why people are holding onto this coin. Though even at present bitcoin is having nice price and those who want to enjoy the fruit of their patience can cash out some of bitcoin in order to further increase their belief in bitcoin. I am waiting for the epic ride that bitcoin is going to give us next month anxiously.