I'm watching the bitcoin for a few months now, saw it going up from $2,000 to over $8,000 in just 6 months.
What shook me up this morning is a notification I got by email saying it's over $8,000!! Bitcoin is up by 43% in a single month.
The big question is, will we see $10K soon, perhaps before the end of the year, or what are you guys expecting to see in the next few months?
I've been trading Forex in the past, today mainly US Stocks, but have no clue what to expect from Bitcoin.
Is it still a good time to buy, or should I wait more and see what's going on in the next 6 months? Any thoughts?
If you bought BTC at $8k then you would have already made a cool $300 per bitcoin you bought. I mean i personally think that $10k is just in sight and we'll hit it December or January next year, meaning that you'll make $2k per coin if that is true.
If you don't feel like that's going to happen, then don't invest.
It really comes down to this. Whether bitcoin hits $10k or not.
Right now we have got highest chances of reaching $10000 at the earliest. Now price shows minor fluctuations which at times might lead to a price fall and the momentum will suddenly support for a growth that majority of the users predicted. Along with this most other altcoins too were expected to grow.