Is it practical to expect tenfold jump in Bitcoin this year ?

[kolsernik]

It is very difficult to make predictions about the cryptocurrency.Most likely this year the growth will be kept artificially.Next year, there will definitely be growth.What exactly will be the course is unknown.But 10x is unlikely to be

[1714099561]

1714099561

[1714099561]

1714099561

[1714099561]

1714099561

[1714099561]

1714099561

[1714099561]

1714099561

[ziac]

Even etf approval wont make btc price tenfold from its current value, we need more and expecting to pump that high will make you miss the real ath

[noneedmoney]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

you must know bitcoin for me has reached its peak in the past year. bitcoin can increase by 10 times, but having to experience a very deep decline can only rise high. try to remember the bitcoin trip from 2009 to 2017 and finally peak.
I think bitcoin won't peak again before experiencing a deep decline and I believe this year there will be no other coins that can catch up with bitcoin. but when it's been 10 years from now there will probably be other coins following the price of bitcoin.

[smile1218]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

I think it is not practical to expect you will just regret that you expect. Just expect for the worst so that it would not be painful specially if it goes deep.

[Dontme]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

Even though the market is full down right now I still see the bright tomorrow for bitcoin I believe that it go ten times fold again this year. There’s no wrong about expecting it to happen but atleast I believe on it.

[darkangel11]

It all depends on the fundamentals. You can see that TA doesn't matter when the fundamentals are rushing in. This recent dump right after the ETF got delayed, even though the price was forming a bull flag on the charts serves as a proof. So whether we will go to ATH this year cannot be read from the charts. It would seem unlikely looking only at TA, because 8 months of bear market don't turn into an ATH right away, but a big news could change it. For instance if we got all ETFs approved and on top of that had a major retailer accept BTC directly 20k would break in a month.

ETF's might cause some money to come in, but not to the tune of several billion dollars. They're just not that appealing. And there's already been a major move by Starbucks and a few other giants, but nothing happened. Bitcoin is establishing itself in the market. It's carving out a comfortable resting area.

People don't need ETFs or Starbucks to do it all for them. Let's say we would need 10 billion to come into the market to reach a certain point, if that happens people will do the rest. They are only waiting for a signal to start buying. A signal that will prove that institutions are really interested, that governments approve BTC. We managed to reach 20k without ETFs, Starbucks, Microsoft annd all the rest, which means we can do it with them much easier and much faster.

[Dilerium90]

If you look at the volume that was at the end of 2017, you can understand that the bitcoin price will increase many times only if the volume of purchases increases many times. My opinion - 2018 year is year of bears trends.

[andrei56]

"The one who expects is the one who can get hurt the most" a quote from unrequited person. 

If this is an anual event, then we could say to invest now while the iron is cold. But it will surely hit us back hard if this doesn't happen.

I agree with this, the last bull market came out of nowhere and no one was expecting it and we all benefited greatly out of it, but now that everyone is waiting for another bull market the most likely option is that it is not going to happen, remember only a minority can earn money from the markets, not everyone can win because the money you earn needs to come from someone else that lost it, so do not make the mistake of waiting for a bull market and then sell because if you do you are giving up your profits to someone else.

[omonuyak]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

It will take strong fundamentals issues for such kind of jump and it is possible this can still happen this year 2018. I have analyze the possibility of it through technical issues but I doubt if this is possible as technically the market is in bearish mode.

[Kemarit]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

It will take strong fundamentals issues for such kind of jump and it is possible this can still happen this year 2018. I have analyze the possibility of it through technical issues but I doubt if this is possible as technically the market is in bearish mode.

I guess we really need to accept the fact that we are really in a bearish mode and its really hard for bitcoin if we are thinking a tenfold jump this year. We already touch based with the ETF Bitcoin postponement. Yes, there are a lot of speculators who jumps in and we all are very happy to see the price jumps above $8500. But then again, the bears suddenly took control of the market again because of the news of the delay. I still have mix emotions though, I know we have stood the test of time without this ETF's on our backyard, but with the bearish mode made me think we need something to reverse the trend and perhaps ETF can bring fresh blood into the market again and re-ignite everything.

[South Park]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

That is not very practical, but if that keeps you going then be my guest, the problem with those kind of predictions is that once the prediction does not come true, and it wont, people get disappointed and the chances they sell their coins for a bad price becomes very high, which is the main reason of why I always suggest people to make realistic predictions so they do not fall in that pattern.

[stiffbud]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

I don't think that bitcoin will jump 10x this year as it is very hard for it to reach this milestone as 8 months have already passed and still the value is below par than the previous year so first bitcoin would have to reach at the level where it was in the previous Year and once it does that then it should make a jump for the 10x mark that you are expecting and that happening is close to impossible as far as I can imagine.

[Diablesfunis]

It's impossible to happen this year and I don't think bitcoin can go up tenfold in one year, that's too much for a short time frame. I do hope that the bear market is over at the end of this year and the market will go sideways for several months before to accumulate more coins for future bullrun. Last year bullrun caused by the hype that created by the media and a lot of people got burned at the crash so it will take a long time until that kind of thing happen again.

[goshay97]

I think 10x or 60k will for sure go down in 2019.  Trying to squeeze it into 2018 seems like a tough task.  It could happen as I feel this bear is simply market manipulation and the spring back is going to be epic.  They will need to pump it fast so the tether boys can't get in cheap. 

[Thatsit]

Do not know whether tenfold the price will increase. But this year, Bitcoin's price is expected to be like last year. Because Bitcoin's price is now around $ 7000. So it is not impossible to expect prices like last year. And bring success to the investors.  

[SplendidHunter]

Is it practical to expect tenfold  jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

I am not sure about that... Yet many experts are saying that it will take place in this year, closer to its ending. I know only, that many people will be so regretable when this will be real, because they are not investing right now!

[Agapelove]

Times 10 is a possibility but, very small chances. During the first six months of the year bitcoin is really making difficult times to maintain above $5000.

How could we expect the price to increase 10 times. It will increase but it is a matter of times. A yearly increase will be alright. Then comparing the price 2 years ago, that maybe 10 times.

[shulio]

I do not expect a big price increase in Bitcoin. But the price may half. Lower prices are more probable than higher prices.

[Kelvinid]

I do not expect a big price increase in Bitcoin. But the price may half. Lower prices are more probable than higher prices.

Same with mine too.The last quarter of this year is fast approaching yet the price is still in a steady growth.So i don't really expect to make tenfold jump for bitcoin this year.Maybe $15k-$20k before this year ends might be possible i guess.

[flowers5]

No way.  there is some funny business going on in the market lately.  I honestly don't know what to make of it.  I think it will take in to 2019-2020 time range to get those types of gains.  I hope it happens though!