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 think it will be priced more than 8500 USD, maybe 9600USD or 10000 USD. It will only happen if nothing wrong will happen before this year end and if the hugh rate of increase that it is having right now will continue. We all know that the hardfork was already cancelled which is expected to be the factor that will make its value increase so it will be hard for Bitcoin to have an expensive value.