Last night before going to bed (23:30 West Africa Time), Bitcoin also known as the digital gold was trading at the price of $3852 which was an all time high as at the time.
This morning, I woke to another shocker, Bitcoin was trading in an all-time-high of $4160.31. The first time Bitcoin is trading at $4000 or above.
For some time now, I have been following the Bitcoin price predictions on longforecast.com here https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd
The predictions on that page have been right so far; even after the recent Bitcoin split that so many experts believe the price of Bitcoin (BTC) would come down, the author of that page still believe the price of Bitcoin will skyrocket.
I don't know more about the economics behind their predictions, but they have been right for some time now.
The next Bitcoin all time high price is expected to be around October to November according to the predictions.
Do you think Bitcoin will trade at $5000+ in October and finally end the year at $5588 or above?
That would be an increase of $4,621 from the year closing price of 2016.
What is your take on this?
Do you think Bitcoin will decrease in price or increase in price before the end of the year?
Sure, I believe it. While all that Bitcoin Cash fervour around the hardfork is most likely not to be repeated again anytime soon, it has renewed interest in BTC and reinvigorated many who had seen the coin as yesterday's news.
Now, Bitcoin is actually starting to look relatively predictable to some, compared to all the other altcoins people are speculating about, hoping to ride the pump on the latter in various amounts, while they buy-in to the supposed "sure-thing" of BTC as a backup.
I just hope that if this IS the next dot-com-esque bubble to burst, that BTC is the Google or Amazon of this era, and not AOL.
Yes, you are right and more businesses are back on the Bitcoin Network
I called $5k before the end of the year in February, I think I should put it @ $5500 now 😬😂 . To the moon and beyond!!
As of two months ago, I made a forecast after undertaking some critical study that bitcoin will hit $5000 before the year ends. And before my eyes, it is coming to pass. Thanks for sharing this
Sign
@eurogee
As it is now, I am very postive Bitcoin will hit $5,000 before the end of the year. Thank you @eurogee
Great post it´s allways good to know about this things! Im following you ! Resteeming this to my followers. Hope it helps a little.
Yes it would help a little. Thank you my friend.
if btc continues at the pace it has been going these past days then we might end the year with btc being up to $10k
Wow! 10k that would be more awesome. Lets wait and see, I will let you know if your prediction is right.
Great post @lucashunter, if BTC wallet's increased to 3 to 4 Million BTC would be personally at 15K usd for sure.
For sure, the more wallet holders the more valuable BTC would be. How many wallets are active now? Thanks for your comment.
Not know exact figure right now but according to coin base report round about 1M wallet's.
nice. Upvote me yes.. Thank..
nice