Bitcoin price prediction, to Dec 2021

bitpost (44)in #bitcoin • 8 years ago (edited)

Is bitcoin forming a bubble now?
in fact increase in price of bitcoin is caused by new money streaming into the market, buying it by larger groups of people (public), and totally, the world being adopted to a new technology...
its the new money coming into the market of bitcoin; It'll be more clear if you compare the trend in price of altcoins vs bitcoin. In a normal situation, if btc=bullish & altcoins=bearish it will be a switch of money from altcoins to bitcoin, but if btc=bullish & altcoins=bullish indicates there are all new money and investment by new users...

here it is one of the probable predictions of bitcoin price in next years considering a bubble burst (by any means and evaluating regulations) will occure..

first part is prediction untill 2019

price will jump up to 40000$ with no serious resistance and then this volume of emotional buyers will cash out..

second part is about the end of a long bearish movement and a new revolutional jump in price till Dec 2021

and finally

it will reach to about 300,000$ in Dec 2021

but all experts in field of technical analysis refuse to give a certain oppinion or signals as this insane increase of price is not really what everyone expected...

here's a challenge

please Comment your predictions of bitcoin price bellow:
will bitcoin fall below 13000 again in next months or not?

I'll give all upvote SBD of this post to a correct guess randomely if it will