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'm assuming bitcoins will reach a price of $9000 before the year ends. A lot of investors actually bought a lot of coins last price dip and maybe whales would also sell their coins because of the holiday season. The $9000 price point is very likely since bitcoin activities will increase this December.