After the Correction...Will Bitcoin Fly?

[iamTom123]

There are now many crypto analysts who are predicting that after this necessary correction which saw Bitcoin took some beating and is now in the $1800 - $1900 in many exchanges, Bitcoin can be reaching as high as 6K. Though I don't believe that it can reach the 6K level soon but I want it to reach 3K before the end of this year.

I believe that Bitcoin can fly soon...as in the past so will it be in the future!

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[BrewMaster]

to be honest 3 months ago i was saying $2000 is not possible until the end of this year and we are now at $2090 and we all know the ATH!
so it may be possible to reach a higher price too.

but again i am going to say $6000 is not going to happen. maybe if we see the scaling debate finally coming to an end we can see a big rise though.

[KennyR]

As OP described several experts have predicted that the price move as high as $6000 once after the correction, without quoting any time constraints. Few have mentioned in their article that the 2018 start sees the price $3000 and further might move forward towards $6000 before the end of the year 2018.

[xhienigat]

If you mean after the segwit then yes i think it is quite possible it'll fly but I am not too sure about the amount ($6000) for bitcoin to reach that high anytime soon. Probably in the later year it might, but we'll never know.

[BillyBobZorton]

It always does, bitcoin price acts as an unfolding fractal, if you zoom out you will realize this fact. If this is indeed the end of the current bubble, Fibonacci retracements aim at 1800 or 1200, but of course this is not an exact science so maybe the current bottom was it and now we'll keep flirting with 2000 for some time until the rise continues.

[Faiyz]

It always does, bitcoin price acts as an unfolding fractal, if you zoom out you will realize this fact. If this is indeed the end of the current bubble, Fibonacci retracements aim at 1800 or 1200, but of course this is not an exact science so maybe the current bottom was it and now we'll keep flirting with 2000 for some time until the rise continues.

With the growing popularity of btc, more and more of its circulating supply would increase because it is till fragile and still many people are unaware of the growth of btc. As a trader i can trade btc to people who wants to try it a legit manner. I also believe it will rise at 3k this year. For some reason this is the year for crypto currency to be recognize as an economic profit for a country. Also it will embark for a new generation of currency.

[European Central Bank]

i'd prefer to sit and wait for a trend to establish itself. the volatility is impressive. i don't know how people have the stones to trade it. anything could happen.

[Harry Callahan]

I am done predicting the price of bitcoin or any altcoin but once there is another rally i will be more than willing to enter the rally and  make some profit,it is really hard to predict the way things are moving and hope we will see another rally after some time ,bitcoin will certainly fly and it needed a correction and i really like the way the price is still bound above $1800.

[chaser15]

There are now many crypto analysts who are predicting that after this necessary correction which saw Bitcoin took some beating and is now in the $1800 - $1900 in many exchanges, Bitcoin can be reaching as high as 6K. Though I don't believe that it can reach the 6K level soon but I want it to reach 3K before the end of this year.

I believe that Bitcoin can fly soon...as in the past so will it be in the future!

It should. After some big adoption and mass usage of this cryptocurrency, there is no way we can't see a bright future aheads for this coin. With just on a current price, that is considered a big achievement and many more will come. The $6,000 target you are desiring is achievable and close to reality. Just we don't know of course when it will happen.

For $3,000 target this year, we already reached that price so a comeback have higher percentage. Looks like the reacquiring of bitcoin is currently happening now after it was corrected for at least hours. Let's see then.

[webtricks]

There are now many crypto analysts who are predicting that after this necessary correction which saw Bitcoin took some beating and is now in the $1800 - $1900 in many exchanges, Bitcoin can be reaching as high as 6K. Though I don't believe that it can reach the 6K level soon but I want it to reach 3K before the end of this year.

I believe that Bitcoin can fly soon...as in the past so will it be in the future!

Actually the correction was nothing but the removal of extra hype created by holders through speculative means. But it will be wrong to say that Bitcoin is not rising. It is indeed rising in terms of spread, reach, adopters and more. However, the prices we seen rising from $1.5k to $2.8k was unrealistic i.e. along with genuine rise it also included speculative rise as discussed above.
But now as the speculative hype removed, we can again assume that Bitcoin will slowly start rising and could become $4.5k by the end of year.

[SONG GEET]

$3k+ looks possible by end of this year and usually after correction bitcoin price will have next bull run which will be bigger than the previous one. So I am also expecting the same with $2000 being new floor and $3000+ being next target.

[SvenBomvolen]

There are many analysis and their opinions not the same normally. But I believe that bitcoin will grow higher than 5000$. Didn't expect the price will reach 2000$ so fast and in one moment it was really close to 3000$. I think we can expect to see 3000$ this year. There is only one question - when?

[TrissMerigold]

of course it will be back soon , dumping is normal , probably next week it will hit 2300 cap again , back in 2016 i dint expect bitcoin will go to 1700 but right now its stable at 1900-2000 .. just sit back and relax , anything can happen .. many people already relying on bitcoin right now ,, on the other ways now is good time to buy btc and keep it until the price go high again .. i trust bitcoins , bitcoin is the future 

[davidmccoy]

I am not able to give any opinion about the rising or fall of Bitcoin, but I would like to share the past trends. In 2014, we observed the similar rise and then it dropped down. In 2015 and 2016 it was the slow and gradual increase. Now again we are witnessing the abrupt up trend.

[bitbunnny]

The situation with Bitcoin price is changing very fast. At the begininig of this year I didn't think the price will reach 2000$ and the other day we almost reached 3000$. This was necessary correction I would say and now the price sticks around 2000$ again. I would say 6000$ is too much to expect so soon but on the other hand not so long time ago 2000$ also seamed very far away.

[Ucy]

Some believe the correction isn't yet over,could still fall as low $1600. It's likely SegWit will determine how further high Bitcoin will go. My prediction is $3000—5000

[jc89]

3000 USD is very certain for this year. We are past halfway there and in the couple of months ago, we've seen bitcoin's price to doubled several times and reaching 3000 USD is just an inch before our hands. Though 6000 USD is very high for this year, it is possible and all we have to do is hold more and just wait.
I would like to see about these experts you say OP. Can you provide the article or a link to it. I would like to explore further about this subject.

[Blitzboy]

bitcoin will return to its path for sure. It is obvious the confirmation time and the transaction fee prevents Bitcoin from becoming more and more awesome. Bitcoin should be used widely in this year but these two ridiculous things keep bringing annoying feelings to people

[just_Alice]

There are now many crypto analysts who are predicting that after this necessary correction which saw Bitcoin took some beating and is now in the $1800 - $1900 in many exchanges, Bitcoin can be reaching as high as 6K. Though I don't believe that it can reach the 6K level soon but I want it to reach 3K before the end of this year.

I believe that Bitcoin can fly soon...as in the past so will it be in the future!

Bitcoin is already recovering from that $1800 - $1900. It is over $2,000 almost on on every exchange listed on Coinmarketcap and it is $2,700+ on the Korean Bithumb, Coinone and Korbit. I don't know about 6k but I think 3k+ by the end of this year is pretty much possible.

[sportis]

Volatility is really incredible and for me is unjustified except the fact that crypto market cap is not so big. As far as it concerns 'correction' I can't believe that applies in crypto currencies market because bitcoin is not a stock or bond and surely is not only commodity.