Bitcoin could hit $50,000 by end of 2018?

[ujhon]

i saw different recommended article in google about bitcoin that it will hit $50,000 in the end of 2018
as of now there are a lot of prediction about price some say it could hit more than that and in 2020 more than $1,000,000
in 2020 there a possibility of sudden price jump again because of the next halving but we are still not sure if it could hit more than $1,000,000
in my observation when price start to drop there a lot of bad news that will discourage and make panic to the holder as of now i dont see any bad news about bitcoin like getting ban or something all i see now is price prediction that will encourage new to bitcoin to invest more and the current investor to HODL .
my question is do you think this is the start of the price rise until the end of this year before it reach the expected price of $50,000 ?

[Putih]

No, I think it's too much. You can see in the market for the current price of bitcoin, and 50k is too difficult to achieve by the end of this year.

[levyashin]

End of this year 50k?

I don't think it is likely. I really believe it will reach even more than this but not in 4 months.

[I-Bit]

my question is do you think this is the start of the price rise until the end of this year before it reach the expected price of $50,000 ?

$50,000 seems too big surge. I don't think it can be reached after the end of this year. Even it is possible, need at least 2 years to achieve the rates. The current market trends tend to move slowly.

[poshare]

Such mass opinion worries me.. I noticed that when everyone is sure about inevitable growth, market goes down

[bacaran]

everything is possible in the crypto world, but there are future contracts and they are moving in trending line with the chart.

[Marzio85]

From the difficulty of the BTC algorithm it will be difficult for the end of the year, but it will surely come at that price. They are adjusting the network. January I see it a bearish month so watch out for that could go down some more, something should move in June.

[Breadwinner]

I have also realized that and it only depends on two things
1. When the ETF is accepted
2. When BTC is listed on the stoke exchange where more people get to see it


When all these happens then it will be a big breakthrough for the btc ecosystem.

[fallenangel1789]

If it reaches to 20.000 dolar at the end of this year, it will be huge success 50.000 dollar is possible for the end of 2019. 2018  is already gone.

[aji678]

Yes and no. Bitcoin and cryptocurrency in general is too open that they can go to near-zero in any day. Imo the price now is too speculative, we don't yet see mass adoption and the market cap already spikes higher than most of the companies and assets.

[alltalk]

It will take a time more than 2 years to achieve the best rates for Bitcoin price. Longforecast predicts in 2021 - 2022, It almost reaches $50,000. Here is the complete article: https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd. However, I remind you all, it is just a prediction. Everything can change in crypto world. 

[Nusy]

it's just a prediction, but hopefully it can happen because it's our hope.

[bhm45]

I believe that $50,000 is possible by the end of 2018. Our community is growing really fast. Bitcoin soon should be able to become a currency which could be used by a few hundred thousand people at the same time. I can't wait how fast and cheap it will be in the near future. Many developers all over the world are working hard to provide us this great alternative to the current banking system which is... we all know. Price is not as important as working technology.

[boyplastic69]

In my opinion, $50K USD to hit by the end of 2018 is too much for a speculation and I think on the realistic point of view $15K to $18k  is much near to achieve for such goal. We all know that the population of the people that has become aware and knowledgeable about cryptocurrency is growing whereby increasing the possibility of more investments to come. With this, by the end of the year the market price of btc will bounce further.

[ComeBack]

That's possible because last year bitcoin reached more than $20 000 only but $50 000 is really more that what I expecting for the price this year. But let's hope it will reach it.