Bitcoin price to hit $1000 around June 2017

[elyas772]

Since the low in January 2015, the price of Bitcoin has been increasing at a very consistent rate of about 6% per month. As shown on the graph below, the price should hit $1000 in June 2017 (+/- 2 months or so) if it continues at this pace.

great technical analisys, i think it's will come again, but im not sure when will become, maybe arround middle year in 2017 like you say in june 2017
now im processing in holding bitcoin save some amount each week to have more than 10btc in next year

[Tanic]

I'm surprised sometimes from what such prediction appears. I don't say that it will never happen that bitcoin will cost 1000 around June. I think if it happen it will be just great! But I only doubt in factors that may affect on the plan of rising. If new hacking will happen we will not see 1000$ bitcoin price.

[pitham1]

I'm surprised sometimes from what such prediction appears. I don't say that it will never happen that bitcoin will cost 1000 around June. I think if it happen it will be just great! But I only doubt in factors that may affect on the plan of rising. If new hacking will happen we will not see 1000$ bitcoin price.

Hackings keep happening, but most of them are small in scale. Ideally, they shouldn't have an impact on long-term trends.
They should just be a blip in the larger scheme of things.

[Vannterson]

Lets hope this will happen, I really doubt about this but it can happen so I do not close the door for it fully but there is not a superb change it will.

[serjent05]

I'm surprised sometimes from what such prediction appears. I don't say that it will never happen that bitcoin will cost 1000 around June. I think if it happen it will be just great! But I only doubt in factors that may affect on the plan of rising. If new hacking will happen we will not see 1000$ bitcoin price.

I think this bad press will be outweighed by the development and adoption that happen in bitcoin.  Mostly hacking is not bitcoin fault, it is the exchange security so bitcoin is not to blame in this. It may affect the price temporarily because hackers need to sell this stolen coins but eventually price will bounce back and will be stronger than before.  At this point there will be a new soft fork for bitcoin, the activation of SegWit, which will enable bitcoin updates and upgrades to be implemented easier.

[1Referee]

Hackings keep happening, but most of them are small in scale. Ideally, they shouldn't have an impact on long-term trends.
They should just be a blip in the larger scheme of things.

If you take all "hacks" so far into consideration, and forget about all the pumps and dumps that happened, then the price has gone nicely over a nearly 4 year period. Look at the charts beginning from January 01, 2013 till today.

January 01, 2013 ~$13
Novermer 16, 2016 ~$714

It's very impressive considering we have gone through so much drama. This just shows that no matter how much the price can go down in a certain period, the price will climb back up where you eventually land into profits. At least, that has been the case so far. It's of course no guarantee that the price will continue to go up. Buying was easy at the time the price was $300-$400. Right now it takes more risk as we sit at a significantly higher price level.

[talkbitcoin]

I'm surprised sometimes from what such prediction appears. I don't say that it will never happen that bitcoin will cost 1000 around June. I think if it happen it will be just great! But I only doubt in factors that may affect on the plan of rising. If new hacking will happen we will not see 1000$ bitcoin price.

Hackings keep happening, but most of them are small in scale. Ideally, they shouldn't have an impact on long-term trends.
They should just be a blip in the larger scheme of things.

hacking should not have any effect at all on bitcoin price because it has never been "bitcoin hack" but instead a "third party crappy service hack" and there is a huge difference between these two.

and also it has never been big, i mean even the bitfinex hack was not big enough. 120K bitcoin is nothing compared to daily trade volumes every day.

[Denker]

Lets hope this will happen, I really doubt about this but it can happen so I do not close the door for it fully but there is not a superb change it will.

A lot can happen in 7-8 months. And in both directions of course.
I'm positive and believe that the $1000 range could be reached next year, sooner or later.
We are in a bull market and think we will continue doing so as long as nothing unexpected happens.

[Dux2K]

Lets hope this will happen, I really doubt about this but it can happen so I do not close the door for it fully but there is not a superb change it will.

A lot can happen in 7-8 months. And in both directions of course.
I'm positive and believe that the $1000 range could be reached next year, sooner or later.
We are in a bull market and think we will continue doing so as long as nothing unexpected happens.

we will hit 1000 for sure next year don'tthink we will go down in price and perhaps lastcchance for price increase in this year.is Xmas
Maybe this price change is just goof step to 1000 margin price

[mtwelve]

While I like to remain optimistic when I can, some investment advice I've heard rings clear in my head right now : past results does not indicate future performance. I'm just siting on some cash right now I need to enter a good position on Bitcoin with, but with the market so unstable as it is I'm very scared to 

[Doms]

The price has been trending up over the past couple of weeks and it is not hard to imagine it hitting four digits as early as next year. With improvements on the bitcoin system and more people wanting a slice of the pie, the demand might propel the price to $1000. When that happens is anyone's guess.

[lite]

If the trends continues like this, bitcoin price can hit $1000+ within this year.

[ronald0cz]

If the trends continues like this, bitcoin price can hit $1000+ within this year.

Yes, it can easy do it. So, best strategy now is HODL!

[jubalix]

i agree this is an uptrend.....but for how long....at some point there will be a down trend.....I feel though that's some way off

[Sponsoredby15]

The price of the bitcoin right now is really good and i know that it will hit the point of $800 dollars this comming holidays or maybe before the year ends and when we are going to predict that bitcoin will be in around of $1000 dollars then this is really good prediction and hoping that this will make it true.

[BingoDog]

This is sti a long time, everything can happen but like it's said, so far so good, the price is moving up more or less. To reach 1000$ by june is possible, maybe even sooner let's just hope that nothing very disturbing would happen to the market, like some big hack attack or something with Chinese.

[Stedsm]

It is definitely going to happen, and not too late as mentioned by you, OP.
I think we will see it in December itself, whether a pump or as an actual price but we will see it happening in December.
I have faith in bitcoins and its price and I think $1000 is nothing, but we are heading towards something big.

[unknown04]

It is definitely going to happen, and not too late as mentioned by you, OP.
I think we will see it in December itself, whether a pump or as an actual price but we will see it happening in December.
I have faith in bitcoins and its price and I think $1000 is nothing, but we are heading towards something big.

If not December, maybe Jan / Feb 2017 if everything goes well.... hopefully

[grim007]

It is definitely going to happen, and not too late as mentioned by you, OP.
I think we will see it in December itself, whether a pump or as an actual price but we will see it happening in December.
I have faith in bitcoins and its price and I think $1000 is nothing, but we are heading towards something big.

If not December, maybe Jan / Feb 2017 if everything goes well.... hopefully

I'm hoping too that it hits 1000$ on this coming december. I will not be surprise if that happened based on what i saw about its price jump. It is very unpredictable, There is one thing that i know for sure, It will be surely pump in the last quarter of this year. Beats me if i'm wrong

[Babayega31]

The price has been trending up over the past couple of weeks and it is not hard to imagine it hitting four digits as early as next year. With improvements on the bitcoin system and more people wanting a slice of the pie, the demand might propel the price to $1000. When that happens is anyone's guess.

I do hope that this $1000 will be possible next year because its very trending from previous weeks past and its good to dream of future rise of btc. The demand is shows high progress as traders shows their analysis graph as you can see the uprising trend on their monitoring. We must be positive towards btc growth and many will still wanting btc to be popular in the whole world and keeping its value profitable investment.