This $70,000 may come sooner than 2020 halving if this positive trend continues for another 2-3 months and we pull out into the 20k area where the 5 figure pricing will start to look normal to everyone.
With the rate bitcoin is moving, that is definitely something that is possible. A lot of people are still very skeptical as to the movement of bitcoin right now with a lot of news going on with the bubble bursting and all that, but I guess only time will definitely tell in the long run if it is a bubble that is going to burst or it is the real deal and $70k by 2020 seems a possibility.
Price higher than that of $70000 has been predicted to happen, but the same is quoted with deadlines as 2020. The predictions were made in accordance to the halving that is expected to take place by the particular year. So, if things happen as predicted for 2018 surely growth will happen further.
Yeah, it has been predicted. A lot of prices have been predicted in the past which we are already seeing now. The truth is, so many news going around now, with bitcoin bursting or a tulip bulb have been said all this while to create fear in the market by those who really want to get back in at the right cost, but we won't give them that pleasure. $70k it is!