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    Thread: Bitcoin to hit $60000 by the end of 2018

    1. #11
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      there is absolutely nothing that is not possible in the financial market because many people are now coming into the forex market right now and that is fueling the increase pf the price of many coins all around in the market so its possible for the bitcoin to grow higher just like every other coins too will definitely move higher as well in no time.

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      Bitcoin to hit $60000 by the end of 2018

      Maybe yes and maybe not. But if for some unforeseen reason and bitcoin will hit that high I will be the first to regret that I did not get myself involved with bitcoin and other cryptocurrency. For now am getting busier with currency pairs and they are my main favorite for now.
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      Every trader saying that the Bit Coin will hit $60,000 in this year but i'm confused about it because we already see that it move back from $20,000 line where many traders think that it will touch $50,000 range at the end of 2017.
      lets suppose that it will hit $60,000 in this year but which is the best point for buyers to enter in market. just buy it from $15,000 range or wait for any short bearish mode to buy it?
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      Quote Originally Posted by zeeshaa View Post
      Every trader saying that the Bit Coin will hit $60,000 in this year but i'm confused about it because we already see that it move back from $20,000 line where many traders think that it will touch $50,000 range at the end of 2017.
      lets suppose that it will hit $60,000 in this year but which is the best point for buyers to enter in market. just buy it from $15,000 range or wait for any short bearish mode to buy it?
      If price range from 13k-16k in the last days everything its possible to happen this year. I'm sure that no experienced trader have any wise and proved strategy to use in crypto market because its a new type of market that should not be compared with forex markets because such markets exist for centuries and there are regulators and controllers. What's the point of making a technical or fundamental analysis in a market that has lots of gaps and unexpected price movemments? The idea is to buy at the lowest price to sell higher later but in this case the price its always high and increasing since Bitcoin was created. I never thought that something that does not exist can reach the price of $20,000 or more... My prediction is that the bullish time is near the end because today almost all online investors already know that Bitcoins are available for trading so the new entries will not increase too much since 2018 because human investors population is limited and its funds also limited. I can't estimate a deadline for the crash but I see this summer as a very hot one for crypto markets
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      I think that bitcoin is taking the stage of all the important headlines in the financial market trading now, but i do not know if that would eventually last. I have seen traders predicting more than 100,000$ for bitcoin before the end of this year. See another one here that is predicting 60,000$, i do not know how this is going to happen, because they are too large. Above all, i hope that bitcoin will not disappoint many of you this year, it might likely fall or crash instead of climbing in the ambiguous way that many of you are predicting.

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      I think it is over presumptuous to think bitcoin will be valued as high as $60,000 at the end of this year. I do not think bitcoin will have such a fast rise as it did last year mainly due to the fact that government have started putting regulatory measures in place and because it has been added in many Etf exchange brokers. Trading will go a long way to regulate the price of bitcoin. Also less companies are accepting bitcoin by the day due to its high volatility.

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      if bitcoin reach 60000$ then the people that have it will make a furtone and become rich, but this number may not be and the value of bitcoin may become more less than this value, bitcoin is volatile and so its value will increase in the next time as the people buy it increase as they want to benefit from increasing of its value to sell it after that.

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      No one can say exactly where it can go and even its falls its not predictable but due to great attraction of people it is going higher and higher and hoping it will go more higher just because we want to invest in it. There is big profit in it but also a big risk 😶😯😎😐☺

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      Quote Originally Posted by Omoba9ce View Post
      I think it is over presumptuous to think bitcoin will be valued as high as $60,000 at the end of this year. I do not think bitcoin will have such a fast rise as it did last year mainly due to the fact that government have started putting regulatory measures in place and because it has been added in many Etf exchange brokers. Trading will go a long way to regulate the price of bitcoin. Also less companies are accepting bitcoin by the day due to its high volatility.
      That is one big problem with crypto currency such as bitcoin, if I am a big establishment that will accept bitcoin as a payment, I would be really having a heart attack because the price of bitcoin keeps fluctuating you will never know if the bitcoin payment I received from the goods I sold will turn to zero in value the next day or week...
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      It will be very difficult to hit 60,000 by the end of this year. If the ban on it on some countries is completely lifted and the implementation of government regulations, it could have a steep bullish momentum and cross the previous heights as that would signify more interests than before.

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