We are all excited that bitcoin started moving forward again. Let's have some discussion here how far bitcoin will go this time.
Come up with your prediction, date when will it reach there and of course with a reason why you think it will reach that point.
$10,000 before end of year
I will keep it quite less until some countries come up with their actual stand on cryptocurrencies. As it will highly impact the market and push it to a new level or pull it to a new low.
This year is very likely to reach $ 10k, I see it feasible, we carry the second quarter and we go for more than $ 6K, that means that the market is moving very fast, of course, the movements that have originated have been very good considering that even the accumulation stage is still in force, by the end of 2019 it may rise to these levels because the demand for gifts and preparations for December always, people use more bitcoin and especially the demand in DeepWeb increases.
So, taking these considerations, there may be many ups and downs, since the volatility in the market accumulation stage tends to be much more radical, and can be seen in surprising movements of increasing a lot and falling a lot, even at levels that are lower than the previous support , that is why, when a good time remains stabilized in price, suppose it stays at $ 6k, it is beneficial because if it keeps rising and they want to lower it, in $ 6k it could have formed a liquidity zone that can withstand the bearish shock , for my way of seeing can be up to $ 9k maximum I do not think that there will be this year.
