Re: Bitcoin price to reach $17k?

Quote from: farrellronald on November 05, 2020, 06:45:52 PM

Bitcoin has risen its price from the start, which was $0.08 per coin until now which is $14912.
today, I was reading a post on CoinBazar724.com which was directed from cointelegraph.com saying that BTC may reach to even $17k!!!
Do you think this is possible?

Very Possible as we still see that the market is keep moving forward, if this strong bull movement continue and find a good support level which is currently a@ $15K+ barrier, the full potential of reaching more than $17K is really near, but everything still an speculation
as there are no clear assurance that it may continue to proceed moving upward.

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since BTC is not remained too much, some people say it may even reach $100k!!
in this manner, do you think it is worth the risk to buy bitcoin? Cry

From that perception, if you are aiming for long term investment, then the answer is yes. Bitcoin was already noticed by many people around and businesses are also adopting this system, with law of supply and demand the full potential value still undertrained.