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 also voted for $8000-$8500 because the bitcoin price falling again now so it needs some time to recover from the fall and china is banning the bitcoin miners so it maybe affect the price growth in bitcoin so price will be $8500 at the end of 2017.
well another attempt from china and for sure it will create small impact to bitcoin value for some time but after that what do we expect? i think it will be more than 8500$ as newcomers keeps on coming to buy more cheap btc and hold it expecting that the value will still goes up, so everything will be just repeated in the long run.