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

[Bruks]

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 ?

While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. One such prediction is that Bitcoin can rise to as high as $ 50,000 in the calendar year 2018. A cryptocurrency portfolio manager by the name of Jeet Singh, stated at World Economic Forum in Davos, that the current volatility is completely normal when it comes to the cryptocurrencies space. He also stated that it is normal for cryptocurrencies to fluctuate by 70% to 80%. This is one of the main reasons why the current volatility does not worry him at all. He compared cryptocurrencies to the current bellwether companies like Microsoft as well as Apple. Initially, their stocks were also pretty volatile. However, as the companies develop their business model, the stocks not only rose but they become much more stable as well.

[Garuda]

I think your prediction about the price of Bitcoin is too much, bro. For me it will be very difficult for Bitcoin to reach the price of $ 50,000 by the end of 2018 bro. Because the dynamics of Bitcoin in the market today still continue to fall and the price continues to fall every day bro. And hopefully this will not happen continuously and can increase the price even though not up to $ 50,000 bro.

[UNIVERSE]

Seeing the current severe conditions, 50 thousand are too difficult to achieve by the end of 2018. I am satisfied if the value of bitcoin is at 25 thousand, even though that also looks difficult.

[cryptofunn]

taking into account the current situation on the market, bitcoin this year is at best full up to 12 000. I think that by 2020 we will hardly see a big change in prices. The period of market stagnation is coming and the ETF is unlikely to become a catalyst for growth

[mar]

It is impossible to happen, Bitcoin is very powerful and in long term Bitcoin to us its possiblity to raise,so I have no doubt that on end of 2018 it will goes up but not that high maybe it will rang to $4500-$5000 .

[Uplifted]

2018 is already ending but there is nothing impossible when it comes to Cryptocurrency. It is highly unstable and very difficult to predict.

[aldenlim]

2018 is already ending but there is nothing impossible when it comes to Cryptocurrency. It is highly unstable and very difficult to predict.

And it is impossible for Bitcoin to hit that $50,000 prediction at the end of 2018.
You're correct that cryptocurrencies are unpredictable and nothing is impossible but if you check some technical
analysis about the current movement of Bitcoin in the market it really looks that it will go down further.
 

[saprakib]

The market can move anytime and no one can say how much it will move up .Its  have long bear momentum now and its so deep so that it cant recover so early. But we can expect bitcoin will touch the level in future.

[inewoods]

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 ?

We are already in 2018 December there will not be enough time for bitcoin to play-out furthermore the current crypto trend is too bearish to hope for some bullish movement.

[Omah karpet]

in order to reach the $ 50,000 price, I think it will be too difficult at the end of this year, the current market trend still tends to weaken. hopefully there's good news next year ..

[Joe Taslim]

In 2018, Bitcoin reached a price of $ 50,000 which in my opinion was very difficult. Now if you enter the market, you can see that the price of Bitcoin is very down. We only hope the crypto-coin market will slowly start to increase, if that happens it will certainly affect all coins.

[damsix]

We may desire and reach the stars in the sky.
But we also have to understand the situation, look around because environmental factors can also give a perfect effect.

See the cryptocurrency market, now it's all Bearish and you still think it's going to rise to 50,000 USD?
See the situation!

[Chomzzy]

Personally, I think the $50k predicted price by end of 2018 is not feasible.
Although the volatile nature of cryptocurrency could make any price possible within a short period of time.
So I can't really say with all finality that it's not possible because anything is possible with this market.

[Gedang goreng]

all have good hopes of increasing bitcoin, but the prediction of $ 50,000 at the end of 2018 is very far away, because as I saw this month the value of bitcoin is very bad

[mlawson71]

The end of 2018 is almost here so I really doubt we'll see that kind of rally in the few short weeks that are left of this year. Whether it will rally that much until the end of 2019 remains to be seen.