This year, 2018, the price of bitcoin has been consistently playing around $6000-$7000, but it is expected to rise by the end of the year. It is almost the end of the year. If the price did not move up by the end of the year, how much do you think and/or hope the price of bitcoin to change next year? Can we expect a huge bump or do we have to prepare ourselves for an even lower dip? What do you think?
Bitcoin can go up or maybe go down in the future, it's pretty hard to speculate it but from my experience it will only go up but the problem is that this year the bitcoin price was on a downfall and kept on falling pretty badly so all the expectations for the bitcoin price were sadly kept on going down and if the market made a few upward trends then also the market crashed after a day or two. So maybe bitcoin ETF can drive the price up as many traders are expecting because ETF not being accepted was also one of the main reasons behind the falling price.