Have you ever thought about the price of bitcoin from the last few months that tends to last around $ 6500 or a maximum of $ 7,000. It's hard to drop below $ 6000. I want to ask you according to personal experience and analysis. Will bitcoin be able to rise above $ 10,000 by the end of 2018?
Please share your opinions and predictions. Thank you very much.
We may say that its stabilizes around the $6000-$6500 in the last few months. I'm not saying its not going to drop below $6000, but it looks like traders, speculators, or whales won't allow it to go below that price again.
Will it go and hit 5 digits at the end of the year? Hard to say, we're still at the bear season eventhough the price seems to be less volatile right now. We have that BAKKT news coming in December so it may or may not push the price to $10k so let's see how it pans out. Everyone is hoping that the BAKKT offerings will really pour a lot of cash in the market but we can't be sure because we haven't crossed the bridge yet.