Forbes: Bitcoin to $35000 Bitcoin: The Harder The Fall, The Higher The Rise

[aeternus]

Bitcoin has had a very difficult year so far characterized by dips in valuation, The fore mentioned value is attainable considering the potential BTC has but it will take sometime to get there.

Correct, although we have been struggling in the last 3 to 4 months because of government hard stance against crypto and too many FUD popping everyday like mushrooms, it would still make sense that bitcoin can recover and bounce back.

But as far as $35K, I don't know if that is possible this year, it's like 5x or 6x of the current price so that is huge amount of money to get into the ecosystem. We need fresh blood to pump the market, but it seems that most of them are just mum and decided to wait it out before investing. But let's see.

I agree, I cannot see bitcoin recovering that much in this year let alone surpassing its previous all time high and reaching as much as the 35000 dollars, I believe in bitcoin and I know that the price will eventually be reached but not in this year, I really have the sensation that this is a year of transition in which the price of bitcoin is not going to grow as much and it will be a real test for long term holders.

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[juiceannabel]

have fun reading and have fun while investing. I also think that the course this year will rise even better

Bitcoin: The Harder The Fall, The Higher The Rise: $35K By Q4


https://bit.ly/2IJ5t9n  

maybe this forbes article was created to pump bitcoin price lol.
but anyway, everything in cryptocurrency is possible. Who predict that bitcoin will hit $19k in 2009 ? i think no one.

[no0dlepunk]

This is not far from reality, in my opinion. It is quite obvious that there are "somebodies" who keep the price low today, they were possibly buying bitcoins at a very cheap cost from weak hands and from those who can't wait the next pump anymore. Researchers and geeks said that the wall street and major names in banking are the entities who pull the price down so they could accumulate sacks of bitcoins before the price goes to another ATH. Money makers know exactly how to make money out of thin air (that's why they were called money makers... clever!) and right now all we can do is have faith that bitcoin had made it to mainstream, people are already buying it, and the only reason why it's price is low is because somebody is dumping to create fear among the weaklings and therefore they could accumulate bitcoins very quickly before the pump. $35,000 is not impossible - it had almost reached $20,000 recently.

[SUDARMONO]

Thanks for posting a passion for today, I also think that bitcoin will be back at a very high price, and I will start buying and waiting to sell at the price of $ 35000.

[gobingo]

I think it's very easy for bitcoin to go up to $ 35000, and this is just waiting for the right time, bitcoin is the digital currency of the future.

[Sithara007]

I was surprised to see this article in Forbes, as the media coverage for Bitcoin has been overwhelmingly negative during the past 2-3 months. Even I am skeptical about the prediction. It is hard to imagine Bitcoin above 10K per coin for the remaining part of this year.

[Meysa_richa]

That's right, I really enjoy and have fun in investing when cheap bitcoin like this, I've bought some bitcoin and I believe that bitcoin will be back at a price of $ 35000, that's great.

[raviuda]

I do believe too, that there is a high probability to bitcoin to go as far as $35k. But the problem lies with altcoins. What will happen to them?

[BrewMaster]

I do believe too, that there is a high probability to bitcoin to go as far as $35k. But the problem lies with altcoins. What will happen to them?

nothing new!

they will continue being pump and dump side market which is used by bitcoiners to fill their wallets with more bitcoin as they profit. and the same two groups will exist: the pumpers manipulating and making profit with those who join the pumps. and the newbies who lose money because they don't want to accept that pump and dump exists among altcoins...

[DirectContract]

Bitcoin has had a very difficult year so far characterized by dips in valuation, The fore mentioned value is attainable considering the potential BTC has but it will take sometime to get there.

Correct, although we have been struggling in the last 3 to 4 months because of government hard stance against crypto and too many FUD popping everyday like mushrooms, it would still make sense that bitcoin can recover and bounce back.

But as far as $35K, I don't know if that is possible this year, it's like 5x or 6x of the current price so that is huge amount of money to get into the ecosystem. We need fresh blood to pump the market, but it seems that most of them are just mum and decided to wait it out before investing. But let's see.

To reach a value of 35k there would have to be a gigantic pile of money pumped into bitcoin. The market cap would probably have to double at least. The trouble I see with that scenario is finding a source for all of that new money. Maybe once the NYSE starts their little operation? Or all of this ETF nonsense finally gets sorted out?

These things don't seem to hopeful to me. It's hard to see bitcoin falling much further from here, but it's just as hard to see it reaching heights as high as 35k

[saruxanyan]

I completely agree with the guys! now the main thing is to wait for growth, it was a very long fall! but patient people, life rewards.))) for this I am sure that soon we will be able to earn very good profits. Growth bitcoin in here will begin!

[taiwww]

That’s hard and fast to judge about bitcoin like that. It’s basically all positive things that are concluded here and tells us that whenever bitcoin drops it actuall gets invested more and more every single minute it drops. So in short it’s just the natural tendency of everyone getting involved into crypto whenever the crypto is dumping itself. However I believe that there might be different scenario that’s happening here where people get panicked more and don’t invest when they see lots of dumps in it. :-p