Bitcoin heading to $5,000?
After seeing the recent upswing in Bitcoin are we heading to $5,000?? I think we will see before years end at least $5,000 in Bitcoin now that most of the "issues" that were holding it back are resolved and forked off. What are everyone else's thoughts?
That sounds reasonable. I'll buy more if the price drops and will hold longer term. Do you care about other coins as well? I started doing a daily Augur / REP report on my channel because I see potential there.
I really hope so! $5K is a psychological milestone.
But I'm also afraid BCH may start to pull from the BTC market cap
I think BCC is so small of a threat it is just another ALT at this point. We are seeing BTC strengthen beyond where it was even a month ago now that faith has been restored!
I think BCH has shown it's not going to make much difference as any damage they could do is already done. I think it boosted bitcoin strangely. I do think BCH is going to be around for awhile as %10 of bitcoin it had good roots to start with. Now if BCH comes out with new better tech then it may have a change to get closer to bitcoin but that is yet to be seen. That's my perspective though.
I think it will pass 5k but anything can happen from now to the end of the year! Hopeful for 10k :)