Quote from: Mind Control on July 14, 2018, 04:16:38 PM

Quote from: Kandala on July 05, 2018, 08:50:52 PM

Do you really think that bitcoin will really reach 9k this year or more ?

9k USD is close to our current price and we are just on the entrance of third quarter. Historical data states that the increase in Bitcoin's price happens mostly on the third and fourth quarter of every year. This would mean that there's still a good chance on reaching 9k USD. The historical data also dictates that the increase in third and fourth quarter could be x3. This, then, states the likelihood of getting close to the recent ATH of Bitcoin. However, they are just historical data. It does not mean that it will happen this year.

I think if corrections stop and the growth continue for some time then no doubt it will hit $9k, but as we know that couple of days ago the price reached to $6700 but today it dropped again to $6200. If this situation continues till the end of this year then it is not possible to reach $9k. On the other hand it is possible because it is crypto and anything is possible here.