Analysts Predict Upcoming Bitcoin ‘Price Explosion’

[showbiz111]

The substantial increase in the buy orders percentage is placing a lot of buying pressure on the cryptocurrency market in general. To put it in perspective, the last time the number was so high was back in March 2017. At that time, the price of one bitcoin was a little bit more than $1,000, and we all know how the year ended, achieving 20x increases in just a few months.

However, another prominent factor needs to be accounted for as a shaping influence on the incoming bull market – big players. The last couple of months saw names such as George Soros, Mike Novogratz, and even the Rockefeller family joining the cryptocurrency field. Going further, increased possibilities of institutional investments are also prompting a Bitcoin price surge which could be higher than the one we observed last year when factors of such kind were simply lacking.
Having already shattered the $9,000 barrier, the cryptocurrency is currently headed towards hurdling another important psychological fence – the $10,000 price point. Should it surge through it, chances of it growing in value will surely increase.
Do you think a Bitcoin price “explosion” will happen and surpass the heights it reached in December 2017?

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[Yuuto]

The substantial increase in the buy orders percentage is placing a lot of buying pressure on the cryptocurrency market in general. To put it in perspective, the last time the number was so high was back in March 2017. At that time, the price of one bitcoin was a little bit more than $1,000, and we all know how the year ended, achieving 20x increases in just a few months.

However, another prominent factor needs to be accounted for as a shaping influence on the incoming bull market – big players. The last couple of months saw names such as George Soros, Mike Novogratz, and even the Rockefeller family joining the cryptocurrency field. Going further, increased possibilities of institutional investments are also prompting a Bitcoin price surge which could be higher than the one we observed last year when factors of such kind were simply lacking.
Having already shattered the $9,000 barrier, the cryptocurrency is currently headed towards hurdling another important psychological fence – the $10,000 price point. Should it surge through it, chances of it growing in value will surely increase.
Do you think a Bitcoin price “explosion” will happen and surpass the heights it reached in December 2017?

It will happen eventually. But probably not in this year, in my opinion.

The markets are still considered to be bearish even though this pump has taken the entire altcoin sector to heights that were only reached back in December last year. I don't think that a full on bull market is going to come any time soon, nor is a "price explosion" if that is referring to something as bullish as last year's pumps.

It's much more likely that only 2-3 years later we'll see the real bull market come together, since that's when the halving for BTC is happening. And when BTC gets up there in price, alts historically have also skyrocketed. However as I stated, I don't see anything close to the scale of 2017's pumps in this year of 2018.

[hanley88]

I think it's going to go up, because a government that controls hundreds of millions of dollars of bitcoin doesn't sell at the lowest price, so what do you think?

[grchina]

There wont be no huge bull runs and bitcoin going to 100k untill there is some kind of regulation signed by all(most of)countries in the world for crypto to be mainstream.You really think that some large hedge fund or investment crew will put their money in market that is being controled by bitffinex tether crew?

[swissgang]

Predicting such prices is good in terms of motivating people but they are just predictions so they will not necessarily come true but considering the market now $20000 before 2019 is possible.

[TwSeventh]

absolutely no.
because it is the time for Bitcoin to recover some of its value.
also it's the for Bitcoin to attract/gain another new investor so the distribution can be spreaded widely.
i do not give a damn about those big player,
because most of them usually liked to manipulate the market,we might be seeing this pump due to them.

[shinratensei_]

The substantial increase in the buy orders percentage is placing a lot of buying pressure on the cryptocurrency market in general. To put it in perspective, the last time the number was so high was back in March 2017. At that time, the price of one bitcoin was a little bit more than $1,000, and we all know how the year ended, achieving 20x increases in just a few months.

However, another prominent factor needs to be accounted for as a shaping influence on the incoming bull market – big players. The last couple of months saw names such as George Soros, Mike Novogratz, and even the Rockefeller family joining the cryptocurrency field. Going further, increased possibilities of institutional investments are also prompting a Bitcoin price surge which could be higher than the one we observed last year when factors of such kind were simply lacking.
Having already shattered the $9,000 barrier, the cryptocurrency is currently headed towards hurdling another important psychological fence – the $10,000 price point. Should it surge through it, chances of it growing in value will surely increase.
Do you think a Bitcoin price “explosion” will happen and surpass the heights it reached in December 2017?

Yes i think, I have expected if the price of bitcoin will break 10k rate and there will be another jump at least for some hundreds dollar just in some hours like what already happened with bitcoin when it was surpassing 9k rate and it has gone to the $9300 just in short time and i'm expecting the same pattern right now.

[5ensei]

I remember that the price explosion happened so fast that it was impossible to catch it at the right time. For those who are not invested in it yet, you've have a few months to get in while it is low. Jump it now before it gets well into five figures again.

[saganpav]

I think that the bitcoin will soon grow strongly and show us what it is capable of. In the past, bitcoin grew so fast that we could not understand what was going on with the market. I think very soon the market will also grow so fast.

[Alex077]

The substantial increase in the buy orders percentage is placing a lot of buying pressure on the cryptocurrency market in general. To put it in perspective, the last time the number was so high was back in March 2017. At that time, the price of one bitcoin was a little bit more than $1,000, and we all know how the year ended, achieving 20x increases in just a few months.

Yes, the price increase will happen for sure, but most likely we wouldn't see such,. Explosion, as in 2017. Indeed, many large investors enter the market., but for now, we do not know who will work in the stock market and spot market. Rockefellers invest money in the blockchain, Soros will work with futures - it doesn't affect the spot market essentially, maybe only in the psychological way.

[ilnick]

When the market falls, there are articles and forecasts that we all will die. As soon as the price starts to rise, optimism appears and forecasts turn 180 degrees. Do not you think it's funny?

[despondency]

It's like modern fashion. At first it was considered fashionable to have long hair, then short hair, then long, then short again. Media just spreads fashionable information, but not the truth. They will write in their articles today one version, tomorrow the very opposite. In such a world we live unfortunately

[iram1011]

Bitcoin received an extensive selling pressure in first Quarter of 2018. First by MT Gox hefty sell off, then by the hackers of a Japan echange and finally by the US citizens before the Tax day. But regarding entering a bull market, I still doubt it. BTC is preparing a last jump to 10500 to FOMO in the last bear becoming bull. After 10500 BTC will be in distribution stage for some time and then there might be a cracking fall. Most probably btc pop up is near and will happen in next 2-3 days and then it will fizzle down creating a wick touching 10500(or near to it) and hence, creating a perfect gravestone doji on daily. That will give way for a downward slope in future.

[stronghands4lyfe]

Yes I very much believe we will rocket at some point this year resulting in ATH. Not sure whether it will happen in June or September or December but I am confident it will happen sometime this year. But it will boil down to adoption and whether or not it looks like we can use Bitcoin in the future for remittances and small payments. If those two use cases looks like it is going to happen then Bitcoin can hit prices unheard of right now, but if those two use cases aren't in tact then the future I believe is not as bright with Bitcoin and it will remain highly speculative.

[Yaunfitda]

It's really hard to say what the future will bring us. Last year no one ever predicted  that bitcoin will go as high as $20K but we did. Yes, it looks like the bear market is coming to and end, but getting $10K seems to be very hard right now. The top price we have gotten since the bounce is $9700 but after that the market correct itself.

But if $10K could be broken next month, then I fairly optimistic that we can at least touch $19K at the end of the year because we reach a price that is half of the last all-time-high and we have barely 6 months as well to double to get to $20K so I think it's still doable.

[disconnectme]

I must admit last year price growth of Bitcoin blew me away because I was not expecting the price to grow that much and hit $20k. For me I am bullish on Bitcoin and the price will continue to grow and I believe 2019 price will be driven by the coming halving which is a big factor in the life and price of BTC

[ZvezdAndre]

Guys, answer me. Let's say you bought bitcoin for $ 9000 now, in a couple of months it will grow to $ 20,000. Will you sell tokens? Or will you wait for the prices even more? Do you have a plan?

[kryptqnick]

I don't think analysts are good at predicting how the crypto market will go, but good predictions inspire people and encourage them to invest more money, thus making the predictions real, so that's truly good news.

I think it's going to go up, because a government that controls hundreds of millions of dollars of bitcoin doesn't sell at the lowest price, so what do you think?

Some separate officials of various govs might possess some btc, but I really doubt any state government is having bitcoin under control, so no, it doesn't seem plausible.

Guys, answer me. Let's say you bought bitcoin for $ 9000 now, in a couple of months it will grow to $ 20,000. Will you sell tokens? Or will you wait for the prices even more? Do you have a plan?

I will sell everything in parts, starting from the price about $17500, because I will soon be in desperate need of money. If this wasn't the case, I would just hold will the price is like $50k, which would make a rather significant difference.

[Wipro]

I don't think analysts are good at predicting how the crypto market will go, but good predictions inspire people and encourage them to invest more money, thus making the predictions real, so that's truly good news.

I think it's going to go up, because a government that controls hundreds of millions of dollars of bitcoin doesn't sell at the lowest price, so what do you think?

Some separate officials of various govs might possess some btc, but I really doubt any state government is having bitcoin under control, so no, it doesn't seem plausible.

Guys, answer me. Let's say you bought bitcoin for $ 9000 now, in a couple of months it will grow to $ 20,000. Will you sell tokens? Or will you wait for the prices even more? Do you have a plan?

I will sell everything in parts, starting from the price about $17500, because I will soon be in desperate need of money. If this wasn't the case, I would just hold will the price is like $50k, which would make a rather significant difference.

Speculation is just a prediction and that most will not become true as everyone expects. Even this year shit dump happening in the market because of international corporate influence and then we found many fake news has been shared to the various people with the help of media.

17k USD price reach selling would be work better I hope because that we will find the hacking and corporate interference in holding the fund. I am sure they will come to collapse the bitcoin value for sure. So do not give damn to anyone sell it when you expects mate.

[mbah]

It's certainly expected of everyone. the explosion of high prices could even surpass the achievement of such late last year. It is sometimes it's hard to predict, but certainly, if you see developments that there is then a bitcoin will increasingly continue to increase every year.