Why we will see $50k Bitcoin end of year

[Direwolve735]

The main role in the restoration of the market is played by the legalization of the currency and the inflow of institutional money. Legalization is the main driving force of market demand and it directly affects the value of assets. I think that the cost of the first crypto currency near $10,000 - $15,000 is a reasonable goal at the end of the year, but up to $50,000 the price is unlikely to reach out. There are no prerequisites for this today.

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[DonFacundo]

That's too high for bitcoin in this year, if there is no dump happening in the past months maybe it could reach $50k in this year, but now bitcoin is still struggling to increase.

[Shutup]

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

Yes l dont quit on bitcoin l beleive bitcoin will reach $50k this year.l beleive in my faith to meet my expectations fom bitcoin.I will become rich from bitcoin just like my inspiration of millionaires produce by bitcoin.

[orarider]

Bitcoin will hit 50k by the end of the year. It is predicted by many people based on the bitcoin price increase by the end of 2017. The future is not known to be achieved or not but we hope that will happen. Bitcoin will return and make new wonders in the electronic money market.

[Teebass001]

How I wish this will come to pass. I will be the happiest person alive. If wishes were horses, beggars will ride. This is only possible in dreamland. The earlier we wake up to the reality that it ain't gonna happen the better for us. The big players are here, and they are here for their own share of crypto cake. They are not here to put money in our pockets, but to make money for themselves. They are gonna short the hell out of Bitcoin. They shorted it all the way from $20k to now and they are still shorting.  Institutional players are here for their own selfish ends. Guide your investment with all jealousy. Stop hoping for a better day, while you are in the best days. Get all you can today and leave tomorrow to take care of itself. I am no prophet of doom, I am just being frank.

[vinbentrob]

ETF is not been approved and we can already see the reaction that follows.  Bitcoin will definitely rise because Bitcoin inherent value is strong and  real.  Future is doing more damage to bitcoin.  If Bitcoin grow independent of future,  that growth will be sustainable and organic!

[FalcoonRed]

because usually bitcoin will rise again at the end of the year, maybe because the best year for investors is the end of the year.

[ICOpulse]

The main role in the restoration of the market is played by the legalization of the currency and the inflow of institutional money. Legalization is the main driving force of market demand and it directly affects the value of assets. I think that the cost of the first crypto currency near $10,000 - $15,000 is a reasonable goal at the end of the year, but up to $50,000 the price is unlikely to reach out. There are no prerequisites for this today.

I, too, is unlikely, and from the point of view of common sense the threshold of 50k is unlikely to be overcome, the maximum that can be expected is up to 25k

[swscowods]

Bitcoin will hit 50k by the end of the year. It is predicted by many people based on the bitcoin price increase by the end of 2017. The future is not known to be achieved or not but we hope that will happen. Bitcoin will return and make new wonders in the electronic money market.

Well I call it an over estimation of the future values of Bitcoin. It might not be able to reach as high as $50k towards the end of the year. Because we have the prices of Bitcoin falling slowly after having some more than $2000 rise in one month. But this is a momentary fall and on the average we have a rise in the economy so the future values of Bitcoin will definitely be high but not as high as $50000 but might cross the $20000 value.

[Phantomberry]

Maybe in a 5 years you will see bitcoin could actually could do that but for now bitcoin is very cheap and continue suffering to dump the price. I would love to see that day bitcoin will be known around the world.

[tonlong]

It's just a guess and no one knows what's going to happen, so how can we expect Bitcoin to change ? Maybe 20k-50k but can anyone believe it ? At present, Bitcoin price range from 6k-8k is also a good sign.

[jrrsparkles]

Actually we are heading towards $5K now because of these kind of speculations,so stop predicting the prices and keep concentrating on the longer term goals,maybe one day the price will hit $50K but it is not going to happen in the year 2018.

[Lhaine]

It's just a guess and no one knows what's going to happen, so how can we expect Bitcoin to change ? Maybe 20k-50k but can anyone believe it ? At present, Bitcoin price range from 6k-8k is also a good sign.

Yeah I agree it's just a prediction of other people but I will be happy if that happen and for sure many holders will also be happy, well for now it's really far to that price and we see that bitcoin price are continue falling down again.

[ghost14k]

In my days of trading, i have come to realize that price prediction are just people's assumptions based on the past market analysis. Truth be told no one saw the 20k coming because it happened in a jiffy and people were not prepared. I have never seen a price rise that was accurately guessed and when it will even reduce. So 50k for bitcoin if you ask me is a "might" that will happen. When it will happen is what we don't know. might come sooner than expected or even next year or 2020 who knows.

[xitrum]

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

I can not see that at the bitcoin, you can see that the market is in the long term downtrend so to be able to trade successfully at this time is very difficult, bitcoin price will be able to The price of altcoin drops dramatically. That's why I believe bitcoin will not hit $ 50k and vice versa will fall sharply by the end of 2018.

[mklost]

Though you have a logic, 50K USD is too much high. At first, we cryptoian need to stop Hoping for 40K, 50K USD things. We should focus on the reality. In reality, bitcoin is now 6400 USD, we should spread the good news on our social platforms every day, we need to bring more legit investors here. So, please kindly stop dreaming about the 50K USD in 2018.

[SUDARMONO]

indeed I also believe that at the end of this year bitcoin prices can reach $ 50k, and with this ETF will strengthen prices for the future and later this year.

[kolbalish]

Well,we all are waiting for seeing this.Its our big prediction about Bitcoin price will increase at the end of this year.Hopefully it will come true.Crypto expert are also saying this.So,we can believe this and we may see this if it will happen.

[room237]

If we hit 50k after this bloodbath and do it in around 4 months that would be one crazy ride.  I think we will have Bitcoin 50k easily.  However it may take some time to pull that off.  I think 2020 is more realistic. 

[kaizerblitz]

I think we will on that next 3-5 years but for now we will be not expecting on that since bullish run of bitcoin will start on November and will hit only $15,000.