Post
Topic
Board Beginners & Help
Re: When Will Bitcoin Reach $1000??
by
mvidetto
on 18/11/2013, 12:32:07 UTC
I actually don't believe it will go up that fast or even stay at a level this high. Where is the reason for a climb like this? The only one I can see is speculation by traders, which will result in a crash.

Obviously price can not go up only forever, so some crash has to come. But long Bitcoin trend is upward I hope

Bitcoin will hit $1k by beginning of December at this rate and hopefully level out to $300-400 by end of December.  I think we need a healthy pullback with all this growth, nothing is exponential forever.