Quote from: devbounty on July 03, 2018, 01:19:48 AM

What is your opinion as per Hayes prediction,

i think people are getting too excited again about bitcoin so they are making exaggerated predictions again. $50k in 6 months is possible but don't think the chances of that happening are high enough to predict it.

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owner of the largest crypto trading platform by volume,

the largest volume belongs to Binance and it has been like this for a while now.

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the idea of reaching a value of 50k is not an exaggerated or impossible prediction.

of course reaching $50k is possible and it WILL happen but the WHEN is important. i'd say not in 6 months. but more like in a year.

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"I think something that can go up to 20k in one year can have a correction down to about 6k. I think it definitely found a bottom but with one positive regulatory decision away, to climb to 20k or even 50k by the end of the year."

i agree that it has reached bottom. we have enough evidence to support that $6k was the bottom but reaching the bottom doesn't mean price is going to just reverse and shoot back up. we can see a long accumulation and slow rise phase then a fast rise.