Quote from: ASHLIUSZ on November 14, 2017, 06:19:35 PM

Quote from: iamTom123 on November 14, 2017, 05:20:28 PM

Quote from: pathankp on November 04, 2017, 04:02:48 PM

What will be a bitcoin rate by new year?

Nobody can definitely predict the movement of Bitcoin and even those who are using graphs and many analytical tools may find themselves mesmerized by the fact that there are many times that Bitcoin is finding a different path. Now, having said that, I am sharing here my own unprofessional opinion. In the light of what recently transpired to Bitcoin, there is a big possibility that its price may not be able to get into at least $7,500 and maybe staying at the $6,000 to $7,000 level as we are heading to 2018. We also have to remember that traditionally the holiday season is not a good period for investments as many would want to cash-in their holdings for spending purposes. However, I would always want to be mistaken.

None can predict the growth exactly, even after such an downfall I have the belief that by new year we'll be reaching above $10000. Growth happening with bitcoin nowadays has got lots of ways to pump as the adoption and usage of digital currencies keep on increasing. Hope the upcoming year provides price increase similar to that happened this year.

The Bitcoin price can be higher more as long as the investors are ready to buy more Bitcoin at high price. I saw many traders and my friends stopped to buy more Bitcoin at current price. Most of the people are wanting to take profit before the price of Bitcoin decreases its value to correction the price.