Alright so we blasted through the big goal of $10,000, went up to ~$11,500, and then experienced a correction and now it's hanging around 9500 - 10750 basically.
We've got a month left in the year. How high do you think we'll go?
I think we'll be somewhere in the $13k-$15k range come new years. Rising a thousand dollars isn't a big deal anymore now that it has crossed $10k, so next real barrier is maybe $15k and definitely $20k. Hitting $13k-15k by new years should put BTC on track to hit $20k in the first quarter of the year, which in turns sets up a good possibility of hitting $50k next year.
In my own opinion, I think the price will settle to 15k$ plus, it will go to the moon when December ends I think, people will have their bonuses at work and some will find something for investment and because cryptocurrencies are being famous, investors will go to cryptocurrency and the demand will grow. I also think that after December it will settle of to 14k$ and will have a price of 40k$ @ the end of the 2018.
Alright so we blasted through the big goal of $10,000, went up to ~$11,500, and then experienced a correction and now it's hanging around 9500 - 10750 basically.
We've got a month left in the year. How high do you think we'll go?
I think we'll be somewhere in the $13k-$15k range come new years. Rising a thousand dollars isn't a big deal anymore now that it has crossed $10k, so next real barrier is maybe $15k and definitely $20k. Hitting $13k-15k by new years should put BTC on track to hit $20k in the first quarter of the year, which in turns sets up a good possibility of hitting $50k next year.
Still bitcoin price is highly swinging the price dropped to $9500 so I think bitcoin need some time to recover from this drop.I hope the price of bitcoin at the time of new year will be around $12K to
$13K and maybe finish the year 2018 with more than $25k.13k-25k is a large leap of price, it would take a month for the price to be that high. I even heard that the bank of Indonesia will ban cryptocurrencies in 2018, true or not if this will happen, it will be a huge factor on BTC price especially because there are so many Indonesian citizen in this community.