Julien Hosp, the co-founder and president of TenX, believes that the price of Bitcoin will possibly reach 60,000$ by the end of this year.
By being an investor for over a year, I have observed the pricing circle of BTC.
Last year, the price evolution started strongly from 12 August 2017 from ~ 2000$ and reached 20,000$ by the end of the year.
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Will the history come back again this year?
My prediction is yes. How's about you?
Calm your horses there young fella. There was topics about how bitcoin is going to $2k or $3k levels just couple weeks ago. Now you think it will be $60k in couple months ? As per how bitcoin is bouncing back, It will be anything possible here hence I am not going to say it will not be completely possible. But things should happen in progressive manner not in jumping way.
I mean I am not saying it won't be, but it sure as hell seems like its really hard for bitcoin to go up that straight without coming down hard. I think we should focus on what we have right now instead of focusing on what it can be. Get to the next limit before you get to $60k. Lets be like $10k first.