Post
Topic
Board Economics
Re: TIME FRAME TO REACH $25,000
by
chickenado
on 17/12/2017, 06:20:40 UTC
Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
$20,000 is reachable till this month end since the current price now is $19450+..but still we cant predict what will happen for the coming days since its price totally pumps up every single day.If this would reach to $20k probably correction will happen again and that depends on holders to exchange their bitcoins to fiat currencies in preparation in incoming christmas season.Every holders has its plan in their investments and i can see that they will spend a bit of their investments in this precious day .