Will this year's bitcoin price potentially surpass the highs of last year?

[adeola1]

It can outperform the highs of a year ago. I could state that in light of the fact that even it has an extensive stretch of ruin it is has a vastly improved circumstances than a year ago in light of the fact that it's developments are still in the mid esteem and not lower than that. It will be imply that it can likewise gives much better and higher developments previously the finish of this current year.

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[katulana]

Bitcoin prices will surpass the peak of last year and the price adjustment from $ 20,000 is normal.
Most recently, CCN reported that Goldman Sachs, one of the largest investment banks in the financial sector, has officially decided to launch a pre-codec trading platform after "joking" the Bitcoin market. for more than 6 months.
Rana Yared, an executive at Goldman Sachs, said that they are still skeptical about coding but due to the huge demand from customers and the willingness of investors to own Bitcoin as an alternative asset. Valuable, Yared says the bank must begin to create conditions to meet those needs of its customers.
Greenspan, billionaire investor Mike Novogratz and Pantera Capital, Dan Morehead, together with many other investors, have noted that Bitcoin prices are likely to surpass all-time highs by 2018. With its growth momentum and its rapid recovery, Bitcoin will reach the $ 20,000 mark if it can maintain its trading volume.

[pimkobai]

I definitely believe that bitcoin market price value may surpass during the last year all time high in which it had able to reached $20K of Q4 last year. Since many people had been inspired and believed it's capability, many people were now encourage to invest in btc because they believed it's performance growth could make their investment earn good profit.

[gabmen]

I definitely believe that bitcoin market price value may surpass during the last year all time high in which it had able to reached $20K of Q4 last year. Since many people had been inspired and believed it's capability, many people were now encourage to invest in btc because they believed it's performance growth could make their investment earn good profit.

Well i don't think many people expected how things turned out last year so anything can still happen this 2018. Though i doubt that there will be a repeat since contrart to what you've said, this stretched correction actually made people see the risks of investing in crypto.

[Wexnident]

Bitcoin continues to experience pressure after approaching the fifth month of a bearish moving average.
Bitcoin was trading at $ 7.881.40, falling 4.27% on Wednesday (04/23) on the Bitfinex exchange.

The five-month moving average of Bitcoin was at $ 8.916, and the 10-month moving average was at $ 8.379, well off the high of nearly $ 20,000 in December. A fall in prices usually indicates lower price movements in the long run, some analysts said.

Total market capitalization totaled $ 344 billion, down from $ 382 billion on Tuesday.

Other digital coins are also moving lower. Ethereum, the world's second largest cryptocurrency by market capitalization, shed 10.36% to $ 620.25 on Bitfinex exchange. Ripple, the third largest virtual currency, tumbled 8.60% to $ 0.61299 while Litecoin was at $ 124.26 with a 6.57% jump.

The instability of the digital asset market could be more about how investors view than other factors that typically impact fiat currencies, a research paper from the University of Warwick suggests.
Trading volumes are driven by past returns and market uncertainty, while confidence in blockchain and digital currency technology also impacts prices.

Actually, no one can gives exact things to be happen in the future. It is can be possible to happen where in it can surpass or beat the highest price in year 2017 but there will also a possibility that it can stay in the mid price or stick to it's highest price record. We can only base to some graph or speculations of others but doesn't have any confirmation of what will going to be happen. All that we can do for now is keep patient and believe to this system therefore we can do still supporting it until we reach our beautiful and sweet success in the future.

[AliMan]

It can outperform the highs of a year ago. I could state that in light of the fact that even it has an extensive stretch of ruin it is has a vastly improved circumstances than a year ago in light of the fact that it's developments are still in the mid esteem and not lower than that. It will be imply that it can likewise gives much better and higher developments previously the finish of this current year.

Technically that's what I want to happen because it's for the good of all. I always want what is best so having a better result this year is a good idea. I think bitcoin has the capability to do that thing so let's just wait until it happen. Bitcoin is great so be ready when the time comes this year that it will surpass its high value last year.

[jack8989]

In theory, this can happen. But for Bitcoin's current situation, it's hard to overcome $ 20,000 this year. Because in 2018, the number of participants investing in the cryptocurrency market has fallen sharply compared to the end of 2017.

[rez303]

I think the Bitcoin price of 2018 will never be able to pass Bitcoin's highest bid in late 2017. By the end of 2017, the market trend has made Bitcoin prices rise. But by the beginning of 2018, everyone gives up Bitcoin and withdraw from the crypto market

[nanasei]

Not possible for this years bitcoins price to bypass last years high. Last years bitcoins highest price is the highest ever in bitcoins price history and hope it will continue to be so in the years to come too.

[Heidim]

Well with Bitcoin nobody really knows, after the highs of last year a lot of weak hands entered the market. As soon as all of them leave we will rise again.

[marlouied04]

i hope so, but for me i think it will not surpass. it will just go down then up again but surpass? nah.

[Ryker1]

I think the Bitcoin price of 2018 will never be able to pass Bitcoin's highest bid in late 2017. By the end of 2017, the market trend has made Bitcoin prices rise. But by the beginning of 2018, everyone gives up Bitcoin and withdraw from the crypto market

I agree, for me it's impossible for bitcoin to reach the price that happened in 2017, maybe we can assume that it might hit $10,000 by the end of the year 2018. And I hope that the price that occur in 2017 happen again. A lot of people lose hope and withdraws from the crypto market, but some investors and holders are still waiting for the right opportunity, and they stay positive even though there's a lot of loss.

[Gotumoot]

Well with Bitcoin nobody really knows, after the highs of last year a lot of weak hands entered the market. As soon as all of them leave we will rise again.

Its possible that the price of bitcoin this year will surpass last year price, because we were just in the month of july, there are many more things to come on the remaining months of this year, like last year, the price of bitcoin increase before the year ends. Hope that to happen again this year.

[Direwolve735]

I believe that by the end of 2018, the Bitcoin rate will beat the record in December 2017 and rise to $30,000. Most investors are once again becoming more active and will show an upward trend in purchases, which may be higher than the level of the end of last year.

[gasparyu]

It sure can. The value of btc can be very unexpected because of its volatile nature. Also as bitcoin becomes more popular it can rise again in price. Nobody can still know the future though, let's just be positive and hope it does happen as it will benefit all of us here.

[bots1]

I think, by the end of 2018 or early 2019 bitcoin has the potential to rise above 2017, besides the technical reasons of analysis I think many investors are in cryptocurrency more than last year. especially with the many ICO projects and many investors who hold their tokens. logically, if the investor is profit then will exchange the token in the form of bitcoin. if that happens the market will experience massive demand and make bitcoin value higher.

[alyssa85]

In theory, this can happen. But for Bitcoin's current situation, it's hard to overcome $ 20,000 this year. Because in 2018, the number of participants investing in the cryptocurrency market has fallen sharply compared to the end of 2017.

The shenannigans with the high fees at the end of last year (where in some cases people were paying $1000 in fees to move coins) really damaged bitcoin, and we haven't recovered from that.

It will take a couple of years for the bad memories to fade.

[Dmitry.Vastov]

Bitcoin continues to experience pressure after approaching the fifth month of a bearish moving average.
Bitcoin was trading at $ 7.881.40, falling 4.27% on Wednesday (04/23) on the Bitfinex exchange.

The five-month moving average of Bitcoin was at $ 8.916, and the 10-month moving average was at $ 8.379, well off the high of nearly $ 20,000 in December. A fall in prices usually indicates lower price movements in the long run, some analysts said.

Total market capitalization totaled $ 344 billion, down from $ 382 billion on Tuesday.

Other digital coins are also moving lower. Ethereum, the world's second largest cryptocurrency by market capitalization, shed 10.36% to $ 620.25 on Bitfinex exchange. Ripple, the third largest virtual currency, tumbled 8.60% to $ 0.61299 while Litecoin was at $ 124.26 with a 6.57% jump.

The instability of the digital asset market could be more about how investors view than other factors that typically impact fiat currencies, a research paper from the University of Warwick suggests.
Trading volumes are driven by past returns and market uncertainty, while confidence in blockchain and digital currency technology also impacts prices.

Bitcoin was introduced in 2008and since then its valuation has increased and to the very surprise , in the last few months of last year and specifically in the last December, its valuation has been inflated to a very great extent and that time I was also repenting that why I am not owning a bitcoin but then this year doesn’t bring any good news for bitcoin because I think valuation has been deflated to very low extent but now the good news that it has again started inflating and according to some wise economists it will further inflate in the coming months of this year.

[Pursuer]

this is perfectly inside the realms of possibility and we may very well see that happen but such rises like that are not natural. you can not expect for price to reverse up and just turn into a gigantic rally and set a new record.
of course if price currently was above $10k it could have been a different story but now that we are not, even if you agree that bitcoin is extremely underpriced, it still would take a longer time to start the engines up and gain that momentum that leads to a new ATH

[Cynthia Andradee]

In general, over the past 6 months, Bitcoin has drastically dropped in value. Although it had a small recovery one week ago, it has kept plunged in price after that. I haven't seen any signals showing that it recovers, not to mention that it can surpass last year peak or not.