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?
I think price would be higher than what it is now and it can even reach maybe a new all time high. It has been a long eleven months wherein people are waiting for the price to recover and maybe aim for a new ATH but then so far, it is not happening. Since market is a cycle and we are in a bear market, bull market would eventually come and I believe that a new all time high would be reach then. Maybe a $50,000 a bitcoin price would be achievable since it will be fueled by the old and new investors.
It seems you are quite hopeful for better price range coming up in few weeks. Although you havent said this, but we are all hopeful and much anxious about price in last month of this year. We have been waiting for so and so long, like eleven months of continuum wait and still prices are quite not welcoming and charming. Believe in bitcoin and pray for its well being.