Post
Topic
Board Speculation
Re: Why we will see $50k Bitcoin end of year
by
kaisa
on 15/09/2018, 05:28:04 UTC
~snip~
Anyway, to reach that value of $50k at the end of the year is very unlikely, because this year the crypto market is not moving so much or does not have a big change, the market only moves at the same level for several months. But there are a lot of new innovations in some countries about blockchain technology, as recently there is one that empowers bitcoin mining, I forget the country. With the specific determination of bitcoin in several countries, it will lift the growth of bitcoin will be faster, so I think just wait, what will happen in the future.
True, the $ 50K point will be potential in 2019 from February to June. technically it has formed a falling wedge pattern. although I do not fully believe in technical analysis. good news as you say and I think the power of bitcoin is in a sufficient mining community. currently, there is still a lot of manipulation in both exchange and issue, I'm sure the future of bitcoin will be bright.