Late 2017/Early 2018 Bitcoin Prediction

in #bitcoin7 years ago

Right now Bitcoin is hovering around $14,500 but I wouldn't expect to see these low prices too much longer. 

I think Bitcoin is poised for another breakout and another all-time high within 2-3 weeks.  We will finally see $20,000 next and maybe even $25,000,  in my opinion. 

While I do think Ethereum will pass Bitcoin in terms of total market cap within 9-12 month,  Bitcoin is still King for now,  and even if it does get passed,  that doesn't mean that there isn't still growth potential left. 

I think we will definitely see a $1 Trillion Dollar market cap for Bitcoin one day and that would put the price somewhere around $70k a piece.  

I believe that the continuing rise in the price of Bitcoin will continue to be a catalyst for people that want to buy and hold.  That along with the fact that many new people are jumping into crypto should sustain it's growth for at least a couple more years.  

The volatility will likely continue until it has surpassed the $1 Trillion Dollar market cap,  and then it will slow. 

What do you think Bitcoin's price will be in 2-3 weeks?  How about 2-3 years?  Tell me what you think in the comments. 

To the moon,

@bwells

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it will go up in no time right now due to unconfirmed transactions back logs and speed issues it is facing such mess

Crypto currency is the future. Bitcoin is increasing in such a way that no one expected. It's gonna soon reach to the moon.

many people would want to buy in upcoming years this will go skyrocket high
have a great day!

Short term wise I believe it will revisit it's all time high multiple times, but to whether it will reach 1 trillion market cap I guess it depends on how fast alt coins perform.

Bitcoin is unstoppable, Stay thirsty my friends.