Based on the news, bitcoin might hit $50000 by the end of 2018. Is this possible? If so, what are the reasons?
Price prediction is really hard specially with crypto currency, just like last year nobody expected that it will reach almost $20,000. Now since then people are predicting price action just like last year rise.
$50,000 is not impossible but I do not think that we will reach it Do not get me wrong I hope we reach to make us all happy but I am just thinking logically.