Why we will see $50k Bitcoin end of year

[ngacengan]

I think it might be due to the increasingly high conditions of bitcoin demand and the increasingly limited total supply of bitcoin, so making this bitcoin can be very expensive and I'm sure bitcoin at the end of this year could experience price increases.

[karungbitcoin]

No body know Bitcoin will go that high price or not in the end if this year. My hope is Bitcoin and others crypto will going up the same level like december last year. I think Bitcoin will be going up to $50k in next year because now not any sign for bull run,  there no many new investor jump in to crypto, i can see this from the total market cap of crypto just around $200Billion, and that mean not any new money come to the crypto market. Even Bitcoin ETF approved the price can be going up around $20k in the end of this year, and $50k will be in the beginning of next year.

[rachelia13]

I think it's difficult for bitcoin to reach $50k by the end of this year because now the price is only around $6k and we have to remember in current time, traders and investors are very cautious in investing their money because they don't want suffer losses since the crypto market situation is unpredictable and sluggish in a few months back. I have read that the price of bitcoin is predicted to drop to $5k by this end year. So let's we see how much the price that will be achieved by bitcoin in this end year.

[masternode]

I think that could happen because the demand for bitcoin this year I think is increasing and the total supply of bitcoin is very limited and almost gone.

I do not know about what data you are looking but I see the opposite, the interest in bitcoin is going down and as such the demand is going down as well, this is normal it happens in all the markets but it seems people want that the bitcoin market is skyrocketing all the time and that is simply impossible, what we are going to see in the next weeks, months and even years is a price of bitcoin that is not going to move much.

Retail investors have been massively burned this year and are slowly moving out of the market while few people are coming in, it seems most people who just came during the last bull run have lost interest and moved on with their lives. Unless we see new people getting interested there will not be much change...unless regulations make it easier for institutional investors.

[Willitivity]

Bitcoin can be effectively hit $50k by the end of this year. It sure won't happen, even if bitcoin will get to that price one day, but certainly not this year and not any time soon. Best thing now is for bitcoin to get at least above$15k or within the range of last year's ATH. That will set a good road for further movement, followed by alts.

[JimmieA]

25-30k will be very good . maybe 50k for this year is not possible

I also agree with you that btc will not be able to reach  $ 50k  at the end of this year. With the current situation I do not even believe it will reach $ 20k at the end of this year. I think that increasing of the price in 2017 is due to the impact of the "sharks" in the market.

[Bubblestonemax]

No one can predict the price of bitcoin in the future. The price is unknown to any man. The price can get to 50k or might not get to 50k. It all depends on how the  market reacts

[pant-79]

I think that this is impossible. Of course no one can say exactly what will happen in 3-4 months, but there are no prerequisites for the fact that the price soared. At this point it would be great for everyone if the bitcoin price had risen to at least $15,000 by the end of the year.

[dillonplayadoe]

I just don't believe in $50,000 Bitcoin by the end of the year.  I think we will be lucky to see $8,000.  The only way we see anything like 50k is if the ETF passes and the news outlets pump it to oblivion.  Eventually they are going to push the sheep into Bitcoin and crypto.  The big question is when.

[Akoldi_ibk]

After reading this post, I look up the current price of bitcoin and without any basic knowledge of TA, I can say the chances of bitcoin hitting 50k is very minute. Anything is possible here, but we have to wait till end of the year. 112 days is a still long way.

[weblaraveluser]

50k $ is too high before the end of this year so far to reach the price of a bitcoin because if this happens, many people will now hold bitcoin and earn big money.

It was possible for bitcoins to reach $50k dollars due to a lot of people who are investing right now and most of the whales are just waiting for the price to drop so hard before investing a huge amount.

[doanlang]

The total market capitalization of cryptocurrency market is back near 109 billion dollars. Bitcoin is down nearly 70% from the all-time peak. However, it will be a jump to Bitcoin to increase $ 50k by the end of this year.

[glowing10]

from now to the end of 2018 : it will range between 6000$ and 8300$, (2 highs, 2 lows) and by the end of the year, btc will probably try to break 10k  if you want to verify in the short term, btc will go to 8200 then go back to 6500-6700$ this will probably happen this month  see you when the prediction will be done

2018 year end we can see the btc price up to 15k . Atleast above 10k is for sure as we still have 3.5 months left and in one month it can climb 5k and above which we have seen in the past. So their is no need to panic or stay so low on the focus by being moderate like 8k or so. Its time to buy now.

[badjoke]

$20k wasn't about one ore two things there were many factors . And $50k is just a good dream but i belive we can see $20k again.

[lehuong]

The bitcoin market is volatile and there are plenty of opportunities for those who like to invest in risky capital and want to make a high profit. Invest in bitcoin.

[prtty2gal2]

25-30k will be very good . maybe 50k for this year is not possible

I will be more than happy if it even crossed the $20000 value in the market. Bitcoin has been a slow growing coin in the market lately and there are many reasons behind this fact but ultimately the market will recover like it did when the coin was not known so much.

The pre boom and the post boom of 2017 are not so different and the market is exactly the same, we just need to be a bit more patient to get the profits.

[okala]

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

It is possible that we may be above $50,000 before December 2018 but the probability that this will happen is zero.  We should be a bit realistic and since the big investors are currently not interested in buying bitcoin now I think this speculations is for the future.  The whole market is down now and a lot need to be put in before we can make significant profits.

[hstokes]

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

With upcoming Bakkt tool in november, I can see bitcoin around $30 000 at EOY, since institutions would start buying bitcoin to decrease such a volatility as it's now.

[Barcode_]

The bitcoin market is volatile and there are plenty of opportunities for those who like to invest in risky capital and want to make a high profit. Invest in bitcoin.

Since the crypto-currencies trading market is so volatile, there are also plenty of opportunities for investors to lose huge amount of money within a short period of time, and I would advise investors who are hoping to get rich fast by investing in bitcoin, they should seriously learn and understand the technology behind bitcoin before investing in it, as bitcoin is definitely not an investment that would make people rich within a short period of time.

[drumamat]

If the market can lose a very large percentage of capitalization in a few days, it is quite possible to get 50 thousand/BTC by the end of the year, although this is unlikely