Bitcoin has just reached the $13k mark. What do you think will be the price of Bitcoin end of this month?
And its back to $13K again after peaking at $18K. It's really crazy seeing the price moves so fast that at a blink of an eye, you either win or lost big. But we all know that's how bitcoin and crypto works. But if we are looking at end of year price, I'm still thinking that with the sudden correction, $15K-$16K would be a fairly conservative estimates. Although there's still the CBOE and CME bitcoin future contracts looming, for me its already price in and whatever leg room we still have, it can only be stretch to $16K, unless investors going crazy and irrational and buying bitcoin at top price.
I guess it is normally happen specially when bitcoin is raising up too faster, also unexpectedly the immediately raising up of this coin lately. In my sight bitcoin value were end this year into 15k or higher, moreover in 2018 I was expectedly that bitcoin value reached the 20k to 30k. That's I advise you guys to hold bitcoin for long period of time or else increase the value of your savings in your wallet. I'm sure you will become reach if it is happen.