As We all know, the crypto market has been on a downward trend since the second week of january.
Bitcoin market is still below the $10k mark which it was at the 1st week of February .
What do you guys think would be the price of BTC by December
Do you think bitcoin has the capability to hit the $30,000 mark before the end of 2018 or go below $6000?
I think $30,000 is so good to be true so i bet it will be at $20,000 mark as per prediction of most of the famous experts in crypto currencies investments because the more Bitcoin will become expensive it will be the more difficult for the small time investors to join the investments in which majority of the Bitcoin are belong to middle class economy. So if Bitcoin become more expensive then probably most of them will just shift to leading Altcoins to earn.
I can see a big price increase of bitcoin and other altcoins by the last quarter of the year 2018. Just like previous year 2017 where it is really high. I think Christmas season is also the peak season of bitcoin but I don't think it would reach up to $30,000. Maybe $20,000 is more realistic speculation for me (cause I dont want to expect too much) but the higher the better.