Topic: Bitcoin Price, What Next? - page 3. (Read 413 times)
Wow ! The price has started to grow. I am very happy to see this growth. I am hopeful that bitcoin will give a bull run soon and along with it the cryptocurrency market will also start growing. Good days are not far.
After analyzing the bitcoin chart today, I realize that bitcoin prices are on the rise. Prices will probably hit $ 6900 in a few days, and prices will fall to $ 6400 and increase to $ 8,000 by the end of July.
I fully believe this downtrend is over and the bull run will start again. Do I think we will reach a new all time high this year? I'm not really sure, 20k seems like a very large mountain to climb again. A lot of investors got burned last December and they have been turned off by the crypto market.
If we want a new all time high, institutional investors will need to start buying btc. Btc needs to be accepted in more online / physical stores. This is only the beginning though, I'm thinking 3-5 years down the road.
My End of Year Prediction: $26,700. (It's just my hunch)
If we want a new all time high, institutional investors will need to start buying btc. Btc needs to be accepted in more online / physical stores. This is only the beginning though, I'm thinking 3-5 years down the road.
My End of Year Prediction: $26,700. (It's just my hunch)
What next? give me your opinion and research.
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