Post
Topic
Board Speculation
Re: bitcoin can hit 7000$ before end of this year
by
Eternu
on 01/11/2017, 08:10:26 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$. In fact bitcoin price has too much potential to increase.
You could be right, there are more and more people that support Bitcoin, and because of that price is still rising. It won't be long before price hit 7000$, but we must not forget that there are hard fork and SwgWit2x coming. Which mean price will go down a bit, that is for sure. But who knows how much will it rise after that. It is not impossible to see price cross over 8000$, but i doubt that it will remain on 8000$ for long. Steady price of 8000$ we will see after new year, at least that is what I think. Also I think that price of 7000$ is amazing on its own.