Where will the price of Bitcoin reach at the end of this year?

hello_good_sir

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Quote from: dadabosade on September 01, 2017, 03:38:00 AM

The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?

Bitcoin is currently very very volatile so it would almost be impossible to predict the accurate outcome right now.

However, i think that the price will hang around the $4k mark. I think that we will see a minor adjustment after this current pump, from $5k to around $4k. And then there will be just sideways movements for the rest of the year.

BTC actually already reached $5k. However it was quickly dumped down to below $4900 again. So we definitely see a very strong resistance at the $5k level. We could see a much bigger dump if the $5k level isn't breached again soon.

xypos

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Quote from: dadabosade on September 01, 2017, 03:38:00 AM

The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?

Before the end of the year i think we can expect the price to move around, mostly upwards. but at the end of the year or thereabouts we'll see an adjustment that will push bitcoin down to around $4k in my opinion. This adjustment could not come, of course, and the bubble continues. In that case, we could potentially see the market capitalization of bitcoin go over $100 billion, and see a $7k+ bitcoin. But this is unlikely.

We have seen resistance at the $5k level. It really depends on how well Segwit2x goes, as well as whether $5k can be broken at all.

iamTom123

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Quote from: bitcoindusts on September 01, 2017, 04:40:56 PM

Quote from: dadabosade on September 01, 2017, 03:38:00 AM

The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?

Just a calculation from where bitcoin is starting last Jan, probably Bitcoin can reach upto $7.5k until the end of December. Though I hope bitcoin to double from what is the price today but time is quite short to push it more than $9k to $10k, but who knows. Though I will go on a safer margin at $7.5k

We are now almost at the $5,000 mark and it this trend can continue then there is really a strong probability that Bitcoin can be $7,000 before the year ends and by next year it is quite possible that the goal is to crush the $10,000 barrier. Bitcoin is really now booming very much and we can see its movement almost going wild...compared to other traditional investment tool like gold, forex, commodities, oil where most of them are not getting to be very attractive. This is the big reason why we are seeing fund managers jumping into Bitcoin and other cryptocurrencies because they could not anymore take the envy...they also want to be part of the Bitcoin bandwagon and see bigger returns for their money.

reflector

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Quote from: bitcoindusts on September 01, 2017, 04:40:56 PM

Quote from: dadabosade on September 01, 2017, 03:38:00 AM

The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?

Just a calculation from where bitcoin is starting last Jan, probably Bitcoin can reach upto $7.5k until the end of December. Though I hope bitcoin to double from what is the price today but time is quite short to push it more than $9k to $10k, but who knows. Though I will go on a safer margin at $7.5k

Bro it is s big expectation what you are seeking is. However I think bitcoin's price will be touch to 5500$ this year December to January 1st. Last time price bumped due to the increase of block size only. Don't think that it is not with out any update. When updates happen we can expect the more value in chart.

Thebestis7950

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I really hope we go to the moon
To $10k and beyond

bitcoindusts

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Quote from: dadabosade on September 01, 2017, 03:38:00 AM

The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?

Just a calculation from where bitcoin is starting last Jan, probably Bitcoin can reach upto $7.5k until the end of December. Though I hope bitcoin to double from what is the price today but time is quite short to push it more than $9k to $10k, but who knows. Though I will go on a safer margin at $7.5k

Coffee135

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I thought that at the end of the year will be $ 5,000, but now I'm not so sure. If in September, bitcoin may overstep the mark then the price can be any. Jump before bitcoin was tens of dollars. Now it is a few hundred dollars. In the future we can expect a jump of several thousand dollars?

Zuilhsa

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No one can make an exact prediction on bitcoin, if anyone claims that I can make exact prediction means then they are lying. By seeing the price movements for the past months we can expect the price to be between $5000 to $6000 at the year end if no kickbacks are there.

J. Cooper

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Quote from: Rye yan on September 01, 2017, 04:00:38 AM

I think it will go up to $15k by the end of this year imho.

I can't tell if you're being sarcastic here or just making random predictions without any arguments to back your predictions? We've seen a lot of growth over the past few months but there's no way we will hit 15K this year that is way too optimistic.

KennyR

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Quote from: Lampaster on September 01, 2017, 08:32:03 AM

This year bitcoin is showing very good results. No one knows when it will stop. Small kickbacks no one is not afraid. I am sure that the cost to the end of the year will be 5-8K dollars. Every year it will be harder to buy bitcoins. Hopefully will be able to earn them.

From the beginning of the year, periodically several days have been getting added to the list of top days in bitcoin. This continues to change often as the ath changes with regards to time. $5000 is achievable without any issues happening with the price pumping and dumping.

Lampaster

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This year bitcoin is showing very good results. No one knows when it will stop. Small kickbacks no one is not afraid. I am sure that the cost to the end of the year will be 5-8K dollars. Every year it will be harder to buy bitcoins. Hopefully will be able to earn them.

Question123

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For sure the price of bitcoin thsi month of september possible to reach 5000 dollars and for sure the price of bitcoin in this year will be 8000 dollars thats my new speculation. Because before I believed the price will reach 5000 dollars before end of this year but now the price of 5000 dollars is coming soon and we have few months to reach higher than 5k dollars. More bitcoin more profit to come.

BlackPanda

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Quote from: Kingofbitcoin12345 on September 01, 2017, 04:29:43 AM

So if the price now is $4700 dollars and there still four months before that year so at the least it will be at $6000 to $6500 per bitcoin maximum as that months more money are in circulation.. Hope it will be happening so it will be a happy new year to all of us..

yes there are still plenty of opportunities to get bitcoin price increases in the next few months. time we have also still quite a lot until the end of this year. an increase of 1000USD up to 2000USD becomes something that could happen. the current positive trend can help bitcoin prices increase in the next few months. hopefully with this increase bitcoin can be more famous and more widely used.

omnik

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Quote from: dadabosade on September 01, 2017, 03:38:00 AM

The price of Bitcoin will reach $5k soon. Where do you think the price of bitcoin will reach at the end of December?

Because the segwit 2x hasn't been deployed and i can say the price of bitcoin will ever above $5000, in my opinion $5500 should be a good decimal for the price of bitcoin in september.
I must think that to believe after the segwit 2x will be released.

mackenzied

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Quote from: Gaaara on September 01, 2017, 03:53:30 AM

If the price keeps getting higher we can expect a $10k per bitcoin, as it is being revealed all over the world bitcoin only gains more and more demand and it truly affects the price. As long as no problem occur it will go higher, actually even if the value goes down it will only attract more investors for the cheaper price.

Although bitcoin goes up, it does not mean that bitcoin developers will give it freedom. There is always an adjustment for the value of bitcoin, they always have the adjustments to create the best bitcoin conditions. $ 5000 is a figure that bitcoin can achieve by the end of the year.

Kingofbitcoin12345

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So if the price now is $4700 dollars and there still four months before that year so at the least it will be at $6000 to $6500 per bitcoin maximum as that months more money are in circulation.. Hope it will be happening so it will be a happy new year to all of us..

DeathAngel

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End of 2017 something like $6,500, that is based on just my opinion though, no technical analysis or any of that.

tyuner4

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I previously thought that $5000 to $7000 will be the range. With Bitcoin rising toward $5000 now, I see possibility of $10,000. ATM, my bet is $7000 to $10000 by end of 2017.

rebel92

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Quote from: LFC_Bitcoin on September 01, 2017, 04:02:06 AM

Somewhere between $5k & $10k. I don't really want to make any precise predictions atm because the price is flying Grin

Bitcoin goes to $10,000 you higher believe everyone goes to require a number of that and anybody with alittle wisdom can ditch each different space of investment that sees at the best 6% to 8% annually.... all the while Bitcoin has doubled in worth simply.

KuromaYoichi

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I think the price will be around the $5000 mark at the end of this year. We've seen such an incredible growth this year so i don't want to be greedy. A stable price at $5000 at the end of this year will make me happy enough.

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