Bitcoin Price Prediction: Will Bitcoin Crash or Rise?

in #steem6 years ago (edited)

Bitcoin prices in 2018 have been marked by volatility which has made bitcoin price prediction in short-term a bit of a challenge, even for the experienced analysts. As at the time of writing, the price of Bitcoin took a dip from 10k to under 8k following news that search engine giants, Google will ban crypto-related ads. So far, 2018 has presented its own surprises though not a dramatic as the rollercoaster we say in 2017.

History generally has a way of repeating itself but bitcoin has a lot of history which makes it an equal challenge predicting which history will be repeated. It takes more than a study of past trends to get predictions spot-on this time and so we ended this article by highlighting certain area expert analysts were looking at.

Analysts, enthusiast, and industry figures have very diverging opinions and bitcoin price predictions for both long and short-term. Optimism is still high in many quarters—reports of a new survey among British financials suggest a wide majority will buy more coins in hope of price resurgence later this year.

prediction 2018 ...

  1. MAY
    Max-Min -- 467643-681930
    Close -- 502842
    Month % -- (-18.2%)
    Total,% -- ( -18%)

2.JUNE

              Max-Min -- 419209-502842  
              Close -- 450762
              Month % -- (-10.4% )
              Total,% -- ( -27%)
  1. JULY

              Max-Min -- 450762-559486
              Close -- 522884
              Month % -- ( 16.0%)
              Total,% --( -15% )
    
  2. AUG

              Max-Min -- 408477-522884
              Close -- 439223
              Month % -- (-16.0%)
             Total,% -- (-29%)
    

5.SEP

             Max-Min -- 427411-491753
             Close -- 459582    
             Month % -- (4.6%)
             Total,% -- (-25%)

6.OCT

            Max-Min --359026-459582
            Close -- 386049
            Month % -- ( -16.0% )
            Total,% --  ( -37%)
  1. NOV

           Max-Min -- 386049-479164
           Close -- 447817
           Month % -- ( 16.0%)
           Total,% -- (-27%)
    

8.DEC

          Max-Min -- 447817-555831
          Close -- 519468
          Month % -- ( 16.0%)
          Total,% -- ( -15% )

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