Quote from: jvdp on January 09, 2018, 09:20:45 AM

Quote from: Shwester on January 09, 2018, 08:59:12 AM

it will go up and down in jan?

In current market scenario is fluctuating in this month. January is not a favour for Bitcoin price. It is decentralized cryptocurrency so whatever should happens in the market. I think it will reach 18k us dollar is possible at end of this month. In majority of the competitors are invest in Ethereum. So that coin only raise in current status. Bitcoin should be raise in slowly in market. But after April month it will reach above 25k us dollar.

If I'm not mistaken, last year, bitcoin was also stagnate around this time, but then again we can't compare last year to today's market because times have change then. I started to think that the price would start to pick up and the price are expected to rise when we touch $17K earlier this week, unfortunately it went sideways then down as of the moment.

So its really hard to predict how the market will goes, although it still dominates more than 30% of the market, there's couple of coins that are also rising very quick like Ethereum and Ripple. So for bitcoin to really remain as the top crypto's we need new sets of investors to flock and pour more money into the market. But the question is when? At least one positive news like Lightning Network implementation, as this presents the long awaited solution to the high fees and slow confirmation that we are facing right now.