Right now, the price of bitcoins is not an easy topic to discuss or make predictions about.
In fact, that's how crypto generally is. It's totally unexpected and whatever speculators define is usually never 50% true.
I'm talking about really high or low predictions.
Who could've thought three months ago (when the price was about $4k) that it will become worth almost 4 times what it was and in a span of less than 90 days. A lot of stuff is going around right now and it's getting more and more attention as more countries (like korea) are getting involved more with crypto every single day.
I can't figure out the reasons for the current prices. I don't want to but can only see it as a huge pump that totally has to be followed by a correction. However, that's what we said when it got near to 4k, and now we're here. Will it generally cross 20k ? For sure. Before the new year ? I don't think so.
hopefully we see bitvoin going over 17k before the end of the year, since people may just be testing waters investing in bitcoin future
I guess you're a bit outdated in your numbers mate.
It already crossed 17k. And I'm not talking about the korean exchanges (bithumb,etc..). It was for $17,430 on bittrex and a bit higher on poloniex today.
I managed to sell some at those prices on bittrex.
I'll buy again once the price drops again a little bit.