We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.
$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.
Guessing on a date ain't easy, but I think 10.000 dollars are possible in the near future, that cut happened within a few weeks from today.
I think that if bitcoins go above $20k again it will continue straight up to $50k to $85k. But I don't know if this will happen in 2019 or 2020
The only realistic figure I see bitcoin getting to in this ATH is $30k, because market cannot continue to pump without a PULL BACK and the moment we cross the last ATH, it means most of the investors that we have presently now would have been comfortable with the profit that would have climbed their investment then, and in other for them to avoid history from repeating itself again, most investors will sell their coin and then returning us back to bearish trend.
The only reasonable way we can get to that value of $85k in like 5 years is when large firms starts using bitcoin for its original purpose, and then we can say we will be seeing less of dumping and more of usage.
Yup! you are right a pump really needs a pullback and the recent pullback of the price had really reached the bottom, We definitely reach the bottom of the bear market and right now that we are in the bull market and we are still in the starting line of it, We can potentially reach the $30,000 All-time high right now or even more ATH that we can imagine because the recent ATH we had reach is $20,000 USD the possibility is high to now take an even higher spot.