We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.
Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
What am I sure at is that nobody knows when bitcoin will pump or what price it would have in the future. Due to the natural characteristic of bitcoin and the market that is why there's no way we can predict it, the best to deal with these things is we ought to be observant of the flow of the market and do some technical analysis yourself. Besides, a $14,000 price seems not feasible for this year due to the fact that we only have seen a bare movement from bitcoin.