2017 has being one of the phenomenal years for the people who had stayed invested till the last. It has given some of the unexpected rise during the last couple of months in 2017. Though the start of Jan 2018 was good the market kept moving up but during the later half the market started to sin and back to 10k levels at present.
How do you predict the 2018 year to be for bitcoin. Will it rise back like 2017 and if yes than what could lead to those rise and if no than what factors could be accounted for the downfall?
This year is not over yet, and I think in the rest of 2018 bitcoin can increase in value and even better than 2017. Currently bitcoin is falling but I think bitcoin still has the potential to jump higher.
I agree that year is not over, we can see many great rises again, but from 1k to 20k is 20 times, can you imagine that price go to 150000 dollars until the end of the year? It's a bit too much, I know its possible with bitcoin, but but how big chances are for that?
I doubt that this year can be good like last one, I mean if I'm wrong it's better for my finances, I'm not against that to happen, just I believe that rise will come next year, or maybe even for 2 years, maybe 3. Halving is for 3 years, year after halving will be very good year, like 2017 was a year after halving.
Bitcoin surprised us so many times, that I don't know what to think anymore. I'm optimistic about price, but I'm not sure about timing, it can happen anytime.