Re: Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future

Quote from: akihikohideaki on January 11, 2019, 07:03:57 AM

How do you respond to comments made by Bitcoin critic Jeffrey Gundlach, CEO of DoubleLine management. He estimates that Bitcoin can reach $ 5,000 in the near future. Gundlach notes that investors who have a high tolerance for risk can make easy profits if they want to trade Bitcoin.

The question: is it true that currently Bitcoin has changed with fairly competitive volatility ...?

Source: https://www.newsbtc.com/2019/01/11/notable-bitcoin-critic-claims-price-likely-to-hit-5000-in-near-future/

That estimation is not that far from the current bitcoin price. I believe that it can hit 5k easily and maybe a little bit more in the second quarter of 2019.
It needs just a stimulus to do so (I don't know what this may be). I think that by the end of 2019 (which is still a short-term estimate) Bitcoin price is going to soar near $ 10,000. It is just my feeling though I cannot relate it to any news.