So It's that time of year to start making predictions for next year, so I thought I would go ahead and see what everyone else thought about predictions for the end of year price for Bitcoin or BTC. Personally, I see it at about $8,000-$8,500. I think big investors looking at Bitcoin will wait until the New Year to start buying Bitcoin in order to save cost on accounting and taxes for this quarters numbers. What does everyone else think?
I am not holding a big amount of bitcoin as of now but I have high hopes for this one, I just hope that it will hit above $10k. As you can see the price is already around $8,000 and getting stable for this month with that price but remember that there will be a lot of spending next month that I think will really affect the price of bitcoin and increase it.
Aside from that, there are a lot of investors who are just holding their coins until the price hit its highest peak.