Post
Topic
Board Speculation
Re: Bitcoin will hit 25k by the end of this Year?
by
vlad230
on 13/04/2018, 08:55:46 UTC
Some renowned Analyst has declared that Bitcoin will hit 25k this year!
Don't worry Guys! as yesterday bitcoin has pumped to a record-breaking volume within two hours.

We will reach to the Moon!

Have faith.
That wasn't a pump actually. It was the response to the opening of a new market in the Middle East. BTC was declared "halal" by Sharia law and a market of about 1.8 billion people opened up and started to buy.

You can read more about it here: https://www.ccn.com/bitcoin-declared-compliant-with-sharia-law-price-surges/

Regarding the analyst's prediction, I would say nothing is impossible. I would expect the price to rise by the end of the year, not sure if it's going to be that high though.
I think this year is going to be with ups and downs with long bear trends, not a steady increase and a predominant bull trend like we had last year.