Quote from: Rockstarguy on Today at 03:53:31 PM

We are in the middle of the year, and Bitcoin is around $100k+. I don't think it is possible for Bitcoin to reach $200 by the end of the year. We are going too far in speculating the price of Bitcoin. Speculating such an amount for the price of Bitcoin in six month's time is what gives beginners the impression that they can invest in Bitcoin to make some profit in a few month's time.

It takes just few news for the market to change from being bearish to bullish while $200,000 will be looking too big for the market to reach by the end of the year because of how bad the market is looking now. Things can change and we begin to aim higher therefore we do not have to be too certain that the price can not be reached by the end of the year. It is looking very unlikely therefore I understand where the doubt is coming from and I am also having some kind of doubts myself but I want to believe that things can change in the future. If the market can get to $150,000 before August ends then we still have hope of the market getting to $200,000 before the end of the year.