Post
Topic
Board Speculation
Re: Would Bitcoin price reach $10K by the end of 2017?
by
magneto
on 21/11/2017, 08:57:16 UTC
Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately.  Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?

I think that the pure hype amongsts the investors right now is enough to push price over $10k for sure. Even if it is the peak of the bubble i do agree with the analysts that say that BTC will go to $10k or even $15k at the end of the year/start of the next.

Last year we saw a great surge in pricing of bitcoin near the Christmas/New year area.

I would not be surprised if we see another surge in price this year, at the same time.