Does bitcoin will double its value by the end of the year?

[Herbys]

Despite recent price woes, experts are predicting that Bitcoin will double in value by the end of the year.
https://www.newsbtc.com/2018/06/07/experts-predict-bitcoin-will-double-in-value-by-the-end-of-the-year/

Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.

This is a very fantastic assumption, until the end of the year anything can happen. I do not see the prerequisites for raising the cost to 10K. You need a powerful push to move up, which is not.

[PX-Z]

Despite recent price woes, experts are predicting that Bitcoin will double in value by the end of the year.
https://www.newsbtc.com/2018/06/07/experts-predict-bitcoin-will-double-in-value-by-the-end-of-the-year/

Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.

It's all just a prediction mate, nothing there are sure. It's probably true that bitcoin price will double by the end of this year, but there is a possibility that this will not happen. Because we all know that bitcoin is having a high volatility of its price that could be hard to predict by anyone.

[njmulhsn]

The expert predictions are based on recent or past patterns of values, they can be right and they can be wrong as it is just a probability. It is very hard to predict the price of bitcoin, what I think is that bitcoin prices at the end of the year even if not doubled their is going to increase. The only thing that can tell when it will rise is time.

[xet3cualong]

I think with the current situation it is too difficult. But I believe it will still recover some. I think the best thing is 12k at the end of the year.
This is a long game. Keep your faith.

[Fourgh]

NO

ONE

KNOWS.

Nice answer. I could not agree with you more. 👊

[collision00]

Presumably not multiplied possibly expanded a great deal. Obviously we truly can't state those specialists are simply foreseeing it base on later or past examples of qualities, perhaps they are spot on their forecasts yet its only a likelihood, and the main thing that can tell when it will rise is time, time is just thing that bitcoin required. On the off chance that you trust that it will happen, you can purchase today yet not a large portion of your cash since we will never know whether it will truly go multiplied before the year's over, however most likely will go up simply put stock in it!

[scooby_doo23955]

It may or may not be double and cannot be said beforehand. It is tough to predict the future of bitcoin. The market is bearish right now and soon it will bounce back. But to what level the price will rise is uncertain

[ikilledcobain]

I believe it will, although I'm tired of trying to guess the exact date or moment.

Regardless of whether it does or not, you either believe in the technology or you don't. If you don't, it's probably best to speculate in other areas of investment you're more comfortable with.

[chidrawarster]

We never know whats going to happen.But i still predict that it would break last high and cross 20k per btc.This is what many others are also predicting but on the other side i have also seen many saying that it will not be able to cross 10k per btc due to the volatality it has shown in the last few months.I would wait eagerly and hold my long positions and we all are here to reap some profits.

[batang_bitcoin]

Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.

Whoever knows what will happen in the future will be famous of doing so but there's none and everything that are predicted in the future are tentative.

This is why bitcoin has been called as speculative investment as most of the predictions are speculations but as a holder, I believe that bitcoin will be ending this year positively whether it's value will be doubled or not.

[DrYe5]

No one knows, it's value is increasing and decreasing inconsistently. But of course there's still possibility to double or may triples its value by the end of the year.

In the medium-to-long term, Bitcoin’s value should go up, as big institutions enter the crypto space in a bid to gain first-mover advantage, further legitimising the market.I believe that is no impossible.

[AleksandrSMI]

I am sure by 70% that bitcoin will very soon begin a new stage of growth. But if this does not happen in the near future, it will rise later. The growth will be 100%

[sabrikks]

as many already told you "nobody knows", crypto market is still considered new and it's subject to many price manipulation technique, you can't even do a correct TA these days for short term trading.

[jack.anroid]

It is quite uncertain to say. The future of bitcoin is very difficult to judge. It's very hard to say whether it would get double or not. But, the price may increase to great extent.

[onnz423]

There are always predictions both for an against the direction of bitcoin. All holders seem to believe that Bitcoin will double or even triple in value by the end of the year, whilst all day traders think that it's likely to either trade side ways, or +/- 25% of so. Asking a community such as this you're likely to get responses in both directions, so there's almost no benefit to asking, as you'll tend to believe only the comments that match your previous expectations.

That being said, it is my opinion that Bitcoin will continue to stagnate around $6-8,000 for the next few months at least, until we see some reason for it to go up in value.

[Nakakapagpabagabag]

I believe it will, although I'm tired of trying to guess the exact date or moment.

Regardless of whether it does or not, you either believe in the technology or you don't. If you don't, it's probably best to speculate in other areas of investment you're more comfortable with.

I hope it will. Technology these days is upgrading faster, and because of that i think that the price of bitcoin will increase in the remaining months of the year, but im not sure if it will be bigger than last year price. No one knows when will the increase happen and what will be its value when it increase. Dont expect too much, just expect that it will increase.

[Wicked Sick]

There are no experts when it comes to predicting the price in Bitcoin markets. As technical analysis hasn't been proved yet to be working in Bitcoin world. Also, I'm tending towards bitcoin entering a multi year bear phase and if that happens than we can forget that Bitcoin is going to double its price by the end of year.

[Snaic]

This is looking at what price to take as a starting point. Now the price of bitcoin has fallen to 6700 dollars. Double cost - 13 400 dollars. If you take into account that recently bitcoin in its value reached 10 000 dollars, then of course, by the end of the year it can grow to 13 400 dollars. Bitcoin without any problems can grow up to 15 000 dollars, but above - not sure. I think that when its price grows, large lots of bitcoins will be thrown out for sale and the price will fall after that.

[jirene21]

Despite recent price woes, experts are predicting that Bitcoin will double in value by the end of the year.
https://www.newsbtc.com/2018/06/07/experts-predict-bitcoin-will-double-in-value-by-the-end-of-the-year/

Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.

For me, it can happen again and again. Just like when 2018 came, the price of bitcoin is very high that no one expected that it can happen, it doubled or tripled its normal price and now although it is in lower price as you can see its price is doubles since in the last June of 2017 were its price is lower than a 4000 dollars.

[goldade]

Despite recent price woes, experts are predicting that Bitcoin will double in value by the end of the year.
https://www.newsbtc.com/2018/06/07/experts-predict-bitcoin-will-double-in-value-by-the-end-of-the-year/

Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.

Aside from the general saying of no one knows tomorrow, it is impossible to to predict the price of bitcoib because of its volatility.
We have,  at the beginning of the year,  so many predictions that never came to pass even till this very moment.
However,  we can only be optimistic concerning the price of bitcoin that it will rise before the end of the year.
Anyway, I'd advise you to invest in bitcoins now as you will surely make profits if you can hold for some time.