I have only few posts here.. but I read quite a lot.
So I just wanted to make this post to document my prediction. And hopefully I'll bump to this post in the coming months, or years..
So here's my prediction.
The bottom will be around $4,100. How long would it take to reach this, I don't know.. maybe all year of 2018.
Then it will bounce back to as high as $10,000 sometime in 2019. And then will stabilize at $7000to $8000. Much like the gold and silver graphs.
I hope I am wrong because I'd so much want it to reach another ATH. I wanted other predictions to come true such as that it will reach $60,000 in 2018. But my gut feel is that it will dip to $4,000s before it will bounce back to $10,000s. Much like the graph in 2014. And then the next ATH would be after 3 years.. 2021 maybe.
But then by that time, other Alt coins have taken over bitcoin, not in value per coin but in marketcap.
I'll bump into this post by mid 2018, end of 2018, well quarterly..
You started OK with $4100. Maybe a bit optimistic. Also that whole 2018 price of Bitcoin would hang from 10k to $4100. But that in 2019 it will be same and in 2020 not much better, is hard to believe.
