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.
I did not even expect to see the price lower than $8000 during this year, that is why i was extremely surprised after we passed that mark on late February of this year.
I would not be surprised if the markets starts to recover during the last few weeks, we are not gonna see a huge $20k, but maybe a $7k, or $8k, maybe that is more realistic to be honest
At this point, its really hard to say what will be the price at the end of the year. We just have to think, is bitcoin mining still profitable at this point? What will be the break-even price of mining? The unexpected downturn has suddenly then this bearish trend to another level, so I don't see $8k around, we don't know how long are we going to be affected by this so-called Bitcoin Cash war, so I'm just expecting that $6-$6500k will be good enough (at least for me) at the end of the year price.