Will Bitcoin hit the 6000 threshold before next year?

[Abeleez]

There are different opinions as to what will be the performance of Bitcoin as the year comes to an end. Do you think it would go back to the 6000 threshold it has sustained for the better part of this year?
https://www.ccn.com/19-billion-gained-in-24-hours-crypto-market-makes-a-recovery/

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[Philippines]

I am seeing 2019 as good price for bitcoin and altcoins ,  I am thinking it can be more to 6000 usd . 2018 is not a good year for bitcoin but maybe in 2019 it will have a good price .

[arpon11]

There are different opinions as to what will be the performance of Bitcoin as the year comes to an end. Do you think it would go back to the 6000 threshold it has sustained for the better part of this year?
https://www.ccn.com/19-billion-gained-in-24-hours-crypto-market-makes-a-recovery/

I believe bitcoin is going to remain in $6000 trading area for the remaining part of the year.  We all know how it was limited around that level for many days before doing a surprised downwards trend.  It is recovering now and we should expect that to continue.  However,  it will be difficult for bitcoin to surpass the $6000 as many are in the opinion that bitcoin is going to get to $10,000 before end of 2018.
On the other hand bitcoin might fall below the current price as many speculators are saying that it is not at the bottom yet and some say the bottom is below $3000.

[DenysM]

Now everyone is sure that we fall below 3000. When everyone thinks that we will fall, this is the first sign of a reversal. Most people always make mistakes I think that by the end of December, Bitcoin will cost 8,000. In the first quarter of 2019, we have a lot of big events (Bakkt, ETF) and this will have a positive effect on the price of Bitcoin.

[Pechalka]

Hit 6000 before next year? I think this is impossible. In next year it gona be true. when bitcoin just already so low, mouth is so less time for good rise.

[bob3772]

I do not believe we'll see BTC back at $6k but it could be possible with some good news coming around ETFs. I don't think they'll have a major impact on BTC price but once a bottom has been found the natural progression is a return to 6k.

[batang_bitcoin]

Yes, I'm optimistic that it will do.

It crashed and fell quickly came from $6,000 down to $3,000 and now its starting to get into $4,000. If the fell happened quickly, the rise can also come as fast as that. One more month to go for this year and everyone is waiting for bitcoin's move for December.

[poodle63]

There are different opinions as to what will be the performance of Bitcoin as the year comes to an end. Do you think it would go back to the 6000 threshold it has sustained for the better part of this year?
https://www.ccn.com/19-billion-gained-in-24-hours-crypto-market-makes-a-recovery/

It will go back but it needs more time to create the stability and build a strong support. We need more good news to come to the crypto to make it happen in the future. Any good news will have needed to pump the price of crypto to go back again to the roof.

[tomahawk9]

It might be too early to say but it seems like we've started a recovery phase in the past few days. We might have to wait a bit more to see if this upward movement can actually indicate the start of bullish trend since it's the first time in the past several weeks that we've had some buying pressure.

Personally, rather than seeing 6k again I'd like to see some consolidation around the current prices and then a steady and slow increase, but you never know what could happen in this market so I'm keeping my expectations as low as possible.

[carrieM]

i don't think it will happen

[patz22]

If we will do the math it might go back to $6k or more based on the remaining days but still it is unpredictable as btc can go down/up in hundreds of dollars in a day or two. Maybe, if something good will happen in the nxt few days/weeks maybe just maybe a bull run will start.

[batang_bitcoin]

If we will do the math it might go back to $6k or more based on the remaining days but still it is unpredictable as btc can go down/up in hundreds of dollars in a day or two. Maybe, if something good will happen in the nxt few days/weeks maybe just maybe a bull run will start.

It means mathematically speaking its likely.

Yes thats right, looking at the time when it fell its justifiable if the asking price is only $6000 which most really think that theres a chance for it. And it can go beyond that but not too far from 5 digits.

[Aleh777]

Only time would tell what will the future holds for bitcoin and other cryptocurrencies but definitely this year is not a good year for crypto if we compare it to the year 2017. But i can say that this year is quite good if we compare it to the years prior 2017. If we compare the price sans 2017, it is on a ascending trend and there is a big possibility that it would continue to climb next year i think.

[gudjhonson]

Bitcoin will have a better value than yesterday, and time will provide evidence. I believe that if the market starts to improve and almost all coins experience an increase despite only one percent, investor confidence will return and all have a good time with the volume movements beginning to rise.

[Keyboard PC]

yes of course it can happen but it is only for a short time because it will not last long and surely I am sure I will fall again because usually price increases occur because of the movement by the whales and provide manipulation of bitcoin prices.

[pageraji]

i think its can happen before this end off year when market have a good news and spread all media, be positive and get ready to buy more bitcoin and altcoin.

[eagle10]

I am seeing 2019 as good price for bitcoin and altcoins ,  I am thinking it can be more to 6000 usd . 2018 is not a good year for bitcoin but maybe in 2019 it will have a good price .

Let's be hopeful it can reach that threshold $6000 or even more than that so everybody is happy. However, many investors are doubtful and hesitant to believe that it will happen because of the massive dumping of cryptocurrencies and altcoins. For now, let's just wait what will happen until the year ends.

[aziernest]

I am waiting for May Dec 2020, few months after next bitcoin halving, because that's when bull returns ;-) :-P

[karthcrypt]

I can not say whether Bitcoin will dump further or rise above the current market price (slightly above $400) what I do know however is that Bitcoin present price is far away from bitcoin value.  I believe next year will be positive for bitcoin!

[BitcoinHodler]

what you are referring to as "difference of opinion" is mostly difference in goals not opinions. most of those who wish to buy bitcoin at a cheaper price or specifically those who have been shorting bitcoin are constantly talking about much lower prices and talk about "bottom" being lower because of their goals.

otherwise everyone already knows that it is not possible to predict that many things at this point because of the manipulation.
all we know is that it can't last that much longer before the price jumps back up.