well I am still reading predictions about it rocketing towards the 80k by the end of this year...
As I have some, I surely hope they cleaned their crystal balls and are right all the way!
Increase in bitcoin price to 80k this year, I guess it will not happen on bitcoin. 80k is a very high value, at least bitcoin takes up to 2-3 years ahead and new bitcoin can reach 80k value.
Yes, $80K looks impossible now. I will be surprised if it reaches even $40000 now by the end of this year. Everything was going right for it but then we saw huge manipulation and prices rose to $20000. It was obvious that it would not be able to hold that level and then we saw huge drop in the prices. Now the prices are just roaming around $8000 mark. There has been only negative news for bitcoins this year like big investors cashing out their bitcoins and companies banning crypto ads.