We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
Quick growth will last, in this I don't mean that price will rise 10x and keep the same, no. Bitcoin was stable 600-1000 usd for some months after fork. Then it begin to rise, at first 1000 usd was like an anniversary day, from 1000 we soon move on 2000, this continue on and on, as you see finally we got 20K, this growth was quick from the begining, nothing to mention about how quickly it grow by 4K in one week. Btw from this story, bitcoin felt but it's stable 6000K. I think there will be some skyrocket shit after the next fork, we will get absolutely more than 25K by the end of 2020 year.
Quick growth assumed to be produced temporarily and will be back to its original price according to investment cap, and we know that people have lost big money when the price collapsed from $20000 to $6000. $14000 is a very huge amount and a person can do many things with this money. I am not in favor of quick growth in bitcoin or Altcoin prices.