Bitcoin will either go to $8000 or $20000.

[Tzuan_bit]

is most likely to happen if viewed in the statistics that occurred in 2017 and even more than 20,000 $ in 2018 if if you look at the statistics in 2018 and could also go down if the whole world illegal bitcoin and tetepi most countries that support bitcoin is japan 60% and america 25% the rest of russia 9% hopefully useful information from me umpteen and thank you

[Wayan_Pedjeng]

Reminds me of the situation just before the 2008-09 stock market crash. Everyone was overconfident about the markets and no one saw the crash coming. In the end, a lot of people lost their life savings.

[DBronze98]

Which do you think is more likely to happen?

I think the bitcoin price will drop below $ 8000 and then the bitcoin will come back and reach $ 20,000 in a month. That's my idea of bitcoin in future.

[Phoenixpple]

In the next three months, the price of bitcoin will rise rapidly to 20K, then drop sharply to 8K, and will eventually stabilize at 10K in a few years. I think so.

[ashfer]

I don't think the market value of btc will crash so soon.As more people are willing to buy in btc.The current dip in price is due to the panic situation which was being created by the investors who sold off their coins as they felt that the market will fall again some felt it as a profit situation and they thought that they should sell off their coins so that they can get profit some felt that the price will dip even lower so it created a slight dip in the price when it rchd 20K USD.There is nothing to worry about btc price as it will continue to grow and the market will not crash like the other markets.

[mathiaslivis]

Please write the basis of your price, is it just a guess? If I just guess, I believe that many people will say 20K, 30K or even 50K, which is also possible. But some people will predict 2K or even 1K, especially those who do not buy tickets.

[bitcoinveda]

If Bitcoin go back below 10 thousand dollars it is good for the market next price hike will be 25 thousand dollars for sure. It is good for market sudden dump and correction for one positive news market bounce back to maximum peaks but in case of cryptocurrencies it is decentralized so price soar all overnight

[darkywis]

We see that bitcoin is bearish right now and if it drops around $12k there's a chance it will hit $8k but I assume that next year it will hit $20k.
Either way, if the price really drops to $8k many people surely buy and if the price hits $20k people who keeps holding bitcoin takes profit out of it.

[vv181]

Bitcoin dropping to $8K is very unlikely to happen, bitcoin need to break the significant $10K psychological barrier and it's going to be though for BItcoin to break that level. But, if that could happen I'm sure massive selloff will happen, and bitcoin will goes down deeper.

[rphk]

as we can see graph on google trend it is increasing month on month , since there is huge buying and sell all world mainly from china , us and few other countries looks like it may go up further , now it has done correction and trend upward started , looks like there is possibility going up $18000 to $20000.

[shouter]

I think at the present time it's hard to know that. Recently Bitcoin reached a value of 20k and then fell significantly. We are at the end of the year, week of many gatherings and many expenses, so that we can have an idea and raise evidence to say if it will be 8k or 20k (or some other value) we must wait 2018.

[jun5]

there is nothing to look back now for bitcoin it will hit more than $20000 this coming 2018. there is a lot of news about bitcoin and most people are interested now on bitcoin to invest.

[pushkarmore]

Don't feel panic for every correction the bitcoin takes, be confident and ride the trend till it exhausts. Right now the bitcoin is trading near 14k level and we are expecting it again to move forward to 20k levels and then make a new record high soon and the reason behind this increase in demand and momentum. I don't expect to see 8k levels again in the bitcoin price chart.

[DiscretePatriot]

I so doubt that Bitcoin will even go near $20k this year or early 2018. It has recently sinked because its price was too expensive for investors to buy given how 'well' it's performing in terms of speed and fees.

[LeaderAMB]

Bitcoin dropping to $8K is very unlikely to happen, bitcoin need to break the significant $10K psychological barrier and it's going to be though for BItcoin to break that level. But, if that could happen I'm sure massive selloff will happen, and bitcoin will goes down deeper.

i think bitcoin price is too hard to going down $8k. If this is happen i will buy 10 bitcoin. Now bitcoin have any problem about transaction but i think it will soon fix and bitcoin will still leading role in next 5 years. I think some forces is trying to control the price of bitcoin to get more profit from bitcoin.

[chimcoin]

In addition, the year is almost ending,the possibility of Bitcoin going up to $20k is very unlikely and the same time,Bitcoin going down $8k within this few days(ie 2017) is quite impossible.Basically fluctuation is caused by demand and supply of the currency and it obvious Bitcoin price has witness low demand this Christmas time. However, I'm optimistic that Bitcoin will hit $20k early  2019.

[Prem.Soorajpaul]

It is a very volatile crypto currency, there is possibility it could go below at that level for a few moment in coming days.But most the people believe (including me), it's final destination is $20K in longer period.

[KingOfWinterfell01]

Which do you think is more likely to happen?

I doubt bitcoins will reach an $8000 price point. It is too low for even bitcoin owners to sell it at that price. There can only be a major reason why bitcoins would reach this price. This will definitely cause a massive panic and a lot of people will start selling their coins. This will shoot up and price and because a lot of people will buy at a cheap price.

[IL.Guerreiro]

Which do you think is more likely to happen?

Both are possible, and Bitcoin go up the value more than that, as long as there are investors that thing is not impossible.

[VladG]

I think that will be 20k or more in an year...