Back in January 2018, at the peak of his power, just before the bubble burst, Bitcoin was at an all-time high $20 000.
With the latest dip and bear market in 2018. things are pretty boring.
In your opinion, when do you think that bulls are going to be ready to play again?
When is it expected for Bitcoin to hit $20 000 again?
In my opinion, this year will not be going to hit that $20k again, why? because a lot of big investors already lose their trust to bitcoin because of scammers, because a lot of scammers last year use bitcoin that is why bitcoin price make ATH's last year because of multiple big investors put their money in and we all don't know that it is just a strategy of those scammers, after they already get profited scammers withdraw or encash all their profit and just also get all the investments of those multiple investors, so a lot of investors already lose their trust with bitcoin.
I think that bitcoin will reach to $20000 till the end of the year 2019. In this year there is no chance for growth in the price and I dont think that it will reach to $10000 till the end of this year. Everyone is asking about the future price but nobody asks how many people will invest in bitcoin till the end of this year? When you put your money, the price will go up.