We have seen that the price of bitcoin has been stucked between 8k and 9kk.Sometimes,it reach 10k.But will the price of bitcoin reach it's previous highest within the end of this year?Which price are you expecting??
My money would be on bitcoin reaching a new ATH probably in 2019 or 2020.
It's most likely not going to be this year. I think that the price of BTC should be floating around $5-15k for most of this year, $10k probably being the average price. We're still consolidating at this level before a stronger trend emerges to take us upwards.
With 2020 being the halving year, I think that's going to generate a lot of buzz.
And with a lot of new people who missed out on 2017's run up that has been introduced to bitcoin trading, they're going to take the opportunity to buy in when the markets seems to start moving. So I actually think that the rally in 2020 or 2021 will be strong enough to take BTC to a new ATH.