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.
In my personal point of view, you do have a point and yes the most common factor that affects the price of coins in the market especially bitcoin are the news. I guess there is also another hard fork that might happen, i've heard it from the news that they are also planning to have a fork, well i don't really have that much information about that news though, but certainly i believe it will touch to $8500 or maybe more before this year ends hopefully.