I hope that next year the price can go to the previous ATH or higher but I only expect to see a price around 10-12k by the end of 2019. I don't think the market will go parabolic yet and many will be very afraid to invest at a price near to the previous ATH because of what happened last time the price reached that level.
This is a good prediction, when I look at the forum I see nothing but some of the weirdest predictions with people predicting that bitcoin is going to reach prices that I know are impossible in that time frame, so reaching a price barely above 10000 is completely possible by the end of 2019 because I am the same as you and I do not expect a big recovery by then.
Interesting input. I wonder, though, if the price of bitcoin increases and stays within the range of $10-12000 by next year, do you think that it will encourage people to join the crypto world, and would companies be enticed to start accepting bitcoins as well?
That is always a possibility but we know, and I'm sure that many people know, that even if the price of bitcoin is relatively stable at the moment we know that is not going to last forever and at some point there is going to be a new bull market, I do not know when that is going to happen but we know it is almost a certainty that it will happen at some point, that will not be a problem for companies but we know that after a bull market a bear market appears.