Currently the value of BTC is around $3900 which is good sign we are seeing the value not gone below $3000 from past six months. For sure the value of BTC will reach around $8000 or more before Dec 2019. I believe Crypto is going to pump again with good results especially the price of Bitcoin and ETH.
You mean in next 12 months, we are going to see only $8000 levels ? I do not think so. Because, bitcoin is known for quick jumps on any positive news. Yes, the entire bitcoin market is looking for a positive news to happen and anything if happen then we may have prices above $10k levels for sure. At the same time, I am also believing there will be a less chances for prices to fall below $3000 levels as there are enough investors to support bitcoins.
In December 2019? I think we can have at least 15,000$ or maybe even 25,000$ but only if new investors will come and will insert an important amount of money during 2019, and if this will happen we can have over 30,000$ during year.
Very much possible as I am also believing into new investors. I study few exchanges and the trading volume is not having any significant improvement but volume is good like what we had in 2016 and 2017. It means we got more investors but need more money flow. I guess more money flow will be possible only from financial institution's contributions.