Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: cortanababy on June 26, 2018, 08:48:03 AM
-
News from chainfor about : Bitcoin price predition 2019 (https://citicoins.com/bitcoin). Analysts predict Bitcoin price will rise back to more than US$10,000 by 2019. Todd Gordon, founder of TradingAnalysis.com, predicts that Bitcoin (BTC) will fall to $4,000 before the June 22 CNBC stock draft rebounded to $10,000 in 2019.
Gordon suggested that BTC would fall below $5,000 and then reach $10,000 by the end of the year, citing the fact that the market's volatility is the main reason. When asked to explain his estimates, Gordon cited a “beautiful upward trend” and stated that BTC prices have risen since 2015 and that recent adjustments have been lowered from “not relevant” at $19,000.
Last month, Wall Street analyst Spencer Bogart said that by the end of the year, the major cryptocurrencies will "at least" exceed $10,000. He believes that the reality of deeper institutionalization of the encrypted space is to ensure long-term "story" and that it is "total positive" for the future of Bitcoin.
See other cryptocurrency prices: lisk crypto price (https://citicoins.com/lisk), nano market price
(https://citicoins.com/nano)
What do you think?
-
There are many who believe it will reach 50k by the end of this year, seems a bit out of reach but you never know. I think there's not a whole lot of reason to speculate on it, since it can go either way. Hopefully this price manipulation will die down eventually so it can actually recover more.
-
So many prediction about the bitcoin price that this will rise higher than $50,000 and this is not a guarantee that this will happen. This is only base on their personal speculative thinking and for sure those people have many bitcoin on their wallet. Don't base your decision on their speculation as this is too volatile and nobody can correctly predict the bitcoin price.