Why we will see $50k Bitcoin end of year

[bintangkejoraku]

it looks like bitcoin prices won't reach $ 50k by the end of the year, even when the ETF has been approved. takes a very long time to reach the price of $ 50k.

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[weblaraveluser]

i don't understand why people easily trust what rich guy says. yes, i understand that bitcoin dominance is rising that means bitcoin value is rising too or altcoins is dropping, but that doesn't mean bitcoin will pump up so easily. we don't even know is there any good or bad news in the future, so how do people speculate that bitcoin would rise? 

Most of the people believe about the speculations an those crypto analyst are predicting that the price of bitcoins will reach $50k dollars before the year ends and that is the reason you should hold your coins today.

[gamalzour]

To much optimistic for all but hardy possible and achievable to see 50k by this year end.

I've said the same thing before last year when we're around $2,000 when somebody said to me that it's hardly possible to hit more than $15,000 but we did saw it.

With ETF delay dont expect to see price going up at least not that much its just to high to see bitcoin price going up almost 10 times.

ETF is something, forget about the delay we got September for it.

The fact in crypto cannot be guessed. and all might happen. if the prediction is likely to reach $ 50k. potential to be $ 500 will also exist. now it's just how to be realistic with market and trading smartly and safely without excessive gambling prices,

Fact!

Though some are saying it's almost impossible, still give that possibility. $50,000 or not by the end of year, we just want it to recover and move out of $6,000 - $8,000.

50K US dollar is a very big price till the end of the year and I do not believe in this price. Bitcoin cannot grow so big in a very short interval of time. It will be so big only in future when the demand for the Bitcoin will also be high. The market is not very good now and the growth of Bitcoin is also slow so we better wait for some more time to get the profit we want and our focus is to be on buying more coins.

[Andrej Peiboski]

As always, the opinions are conflicting: someone promises more earnings than last year (and maybe we really get to 50k); but others, with equally good arguments, foresee a disastrous collapse, with the bitcoin under one thousand dollars.
We'll see, life is a bet ....

[andohyeb]

I don't think this a reason that can cause bitcoin to rise to such astronomical price. Bitcoin at 50k will be hard to achieve in any moment from now to the next 3 years. The market is not favorable to bitcoins and besides there are new coins competing with bitcoin in the market share.

[Pherjen5]

As always, the opinions are conflicting: someone promises more earnings than last year (and maybe we really get to 50k); but others, with equally good arguments, foresee a disastrous collapse, with the bitcoin under one thousand dollars.
We'll see, life is a bet ....

Everyone has their opinion and they have the right to give their own prediction according to their own analysis. We know that it is not possible to give a perfect prediction about bitcoin price, therefore we should study the analysis of the people but should always take our own decision.

[Ourplealis]

i don't understand why people easily trust what rich guy says. yes, i understand that bitcoin dominance is rising that means bitcoin value is rising too or altcoins is dropping, but that doesn't mean bitcoin will pump up so easily. we don't even know is there any good or bad news in the future, so how do people speculate that bitcoin would rise? 

Most of the people believe about the speculations an those crypto analyst are predicting that the price of bitcoins will reach $50k dollars before the year ends and that is the reason you should hold your coins today.

Although it is very good to continue holding our bitcoin, because still bitcoin has a very bright future and in future its price is expected to increasing too much. May be it will even reach to 50k or above, but for that we have to wait and to continue holding our bitcoin.

[drachman]

that's very difficult in my opinion. because bitcoin just at the beginning of the year at the pump took several years to pump it up. I predict in 2020 when there is halving bitcoin

We can be sure of this thing that the market value of bitcoin will rise higher by the end of this year but I don’t think so that it will be possible for bitcoin to have this much market value in just 4 months. The market value of bitcoin will rise higher because of the increase in demand of the bitcoin in the international market but still, we have to wait for some more time to see the market value reaching this value.

I think anything can happen, did you forget that last year the price could have increased several times in just a short time? especially for 4 months? of course it's including a long time, everything might happen if the pump time comes, rest assured that it happened, and don't forget to holding

But one of the first things that you will learn when it comes to investing or trading is that you cannot use the past to try to predict the future, the price of bitcoin is going to grow in the future because its technology keeps improving so that is a given, but to think we are going to see a repetition of what happened in the last year it is simply not going to happen.

[Keyboard PC]

yes you are right the price of bitcoin at the end of this year will increase you just have to wait for good news that can make the price of bitcoin rise and trigger investors and popes to buy bitcoin. if only the news from ETFs doesn't seem to be enough to recover the price of bitcoin.

[lingwistiko]

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

[slocker]

To be honest it would take miracle for price to be 50k by this year end. Even with some crazy path its still impossible even with ETF. Most promising could be price around 10k by new year, but this price could happen after next halving not before. There is no way that price could be 50k. Its good to be optimistic but this is obviously to optimistic.

[nydiacaskey01]

To be honest it would take miracle for price to be 50k by this year end. Even with some crazy path its still impossible even with ETF. Most promising could be price around 10k by new year, but this price could happen after next halving not before. There is no way that price could be 50k. Its good to be optimistic but this is obviously to optimistic.

Not really a miracle if you will check how much Bitcoin climbed from August to December. In terms of percentage, Bitcoin rise last year from August to December at around 300%. So at current price of Bitcoin, it may reach up to 30k or more depends on what will be the trend after ETF and the Chinese Ghost month festival.

[arikassuja]

it looks like it could happen because the condition of bitcoin prices is currently experiencing conditions for price recovery and the total supply of bitcoin is also very limited so I suggest you buy bitcoin now and sell when it's the end of the year.

[michellee]

I am waiting bitcoin price can increase like the last year, and I am fine if the rate can grow more than $15k from this August 2018 until December 2018. but if somehow, the price can increase for $50k at the end of this year, then I will be surprised, and I will make a lot of money, and I am sure that people will make big money too. although $50k still a dream for us, the possibility for the bitcoin price to increase higher is wide open so it's better to wait what will happen later.

[pocketfullofpoke]

Isn't it too big for bitcoin to reach that market price before the end of the year? Considering that we have few months left and the price is at 6,000$, i don't think that bitcoin can reach that market price. Maybe in 2020s, bitcoin can reach that market price somehow.

[South Park]

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

The market of futures had nothing to do with the bull run that we had last year it was all because of internal factors, the most important of all segwit was finally activated despite the heavy debate and the forks that happened, if anything the market of futures seems to me as a way to try to tame the price of bitcoin, but it is not going to work as expect it.

[websoftwareengineer]

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

[South Park]

It's good to be true and honestly, i don't really feel that bitcoin is going to reach 50,000$ before this year ends. Seeing bitcoin rises to even more than half of its all time high value since last year can be a great indication already that bitcoin will have a market price hike from there on that would reached more than half of its highest market price recorded.

I believe that it will reach $50k dollars because last year, the market has dropped so hard because of banning of icos in china but it still managed to reach $20k dollars before the year ends.

No, it is not going to happen, there are only four months left and I do not see any indication that show to us that the market is going to make any kind of sudden move, things are just going to remain in this way for a long time and anyone thinking otherwise is probably deceiving himself since there are many factors that will not allow the price of bitcoin to grow as much and as fast as you want.

[noah tall]

This is just pure speculation and with the current market situation making it to return at $20k for this year has slim chances then how much more in reaching at $50k. I don't know why some of those enthusiast will do a out of range speculation. Any good news can turn the market into bullish but until when this good come? Most of the investors has no confidence to put money in crypto due to bloodbath.

I think we are on the wrong way to think about the price depending upon months like September or October because it is we who are responsible for the price increase or decrease. It is not confirmed and we have no idea that in next month's price will go high due to the selling mistake of us we cannot see high market ever, we should sell only in high market that is the place to make high profit and should leave looking for little profit by selling in low market.
Even $50k may not possible within this year, I am too expecting some prices like $30k or $40k may happen before end of this year. Market fluctuation and strong support around $6k are denoting it.

[SpringfieldM1A]

Isn't it too big for bitcoin to reach that market price before the end of the year? Considering that we have few months left and the price is at 6,000$, i don't think that bitcoin can reach that market price. Maybe in 2020s, bitcoin can reach that market price somehow.

Yeah, as I really would not want to fix my mind on anything serious with ATH in this year at all. Even if we are to get anything high at all in this year, we would really do great if we are able to get through to $15k.
However, time will tell how things would be playing out as we are all just speculating anyway and cannot predict what the future holds. For now, we are in a huge bear trend, and until then, low it is but no issues since this gives more opportunity to buy low anyway.