Hey all, I was just wondering your opinions on whether bitcoin has hit its peak already at around $20,000 or if you think it will break even higher in the future? I know theres been bitcoin retraces of up to 80% before before it has risen a load again but Im not sure that bitcoin hasnt got the functionality that the price suggests.
I have no doubt that the recent scenarios bathed in blood that discouraged so many newbies, are only the beginning of an era of great surprises for all those who proved to have strong hands and were able to withstand that test of fire.
In fact, it would not be strange that at the end of this year we will see new historical records above $30,000, and in a couple of years the price of each bitcoin will be well above the $100K mark.
I do not think that we are gonna see bitcoin over $30,000 during this year, it is not realistic at all.
To be honest, $15,000 - $20,000 is more a realistic price.
Came on guys, be a little bit more realistic before posting this kind of fantastic things in here.
To be fair, $30k isn't really that unrealistic for this year. It would just need to triple in almost 8 months. During a bull run thats not hard at all. Though I don't think a bull run will start until around the end of this year and I think it'll just be gradual growth the rest of this year so I see $20k - $25k as being more likely than $30k.