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Bitcoin Prediction 2018

Neah123 · 7 · 2763

Neah123

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Bitcoin has been among the greatest investments you may have made within the previous five decades. Bitcoin price is as low as $5,784 Sunday afternoon, marking the cryptocurrency’s lowest price so far in 2018. The value of Bitcoin (BTC) plunged to $5,808 on Sunday before it quickly corrected to the $6,200 mark a couple of hours later. A digital currency expert Jordan Hiscott said that he expects the value of Ripple, Ethereum, and Bitcoin to continue heading south, claiming that the overall micro picture for digital currencies “is negative.”

Bitcoin (BTC) is presently trading at $6,214 after plunging to a new low for this year on Sunday night. The digital currency still boasts of a market cap of $109.73 billion and a trading volume of $3.80 billion in the last twenty-four hours.

In the mid-year of 2018 nearly upon us, it has become compulsory on experts and commentators to offer revised Bitcoin price predictions. In the beginning of the year, the consent was that the number one cryptocurrency would reach even greater heights. Still, BTC prices have dropped from its record-setting highs of $19,500 in mid-December 2017 to hovering around the $7,700 mark.

Bitcoin will Approach the $15,000 Mark by December 2018. A financial comparison platform released a Bitcoin forecast that said BTC prices would cross the $30,000 mark by December 2018. Up to this mid-year 2018 the platform seems to have revised its predictions with a new report released in June. Permitting to the latest forecast figures, Bitcoin will end the year trading at $14,638. The new prediction of the bitcoin is an almost 100 percent increase in BTC price based on its current trading value.

Source: https://stockchartsmaster.com/cryptocurrency-prices-in-usa-usd/


adjahar

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Actually, there were lots of prediction before this year ends, some say $20,000, $50,000 and up to $100,000. But after reading this news, Last Year’s Record-Breaking Bitcoin Price Was Actually A Fraud it's good and I'm lucky (because I hold some bitcoin in my wallet) if the price would reach $10,000 this coming December 2018.


GersonH

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At the moment the market is facing the lack of information - the previous news has been already included in the forecasts, and there are currently no more apparent drivers. In this situation, it would be safe building your trading strategy based on technical analysis. For example, when the price holds below the 200-day moving average at $ 6600 mark, we recommend betting on further downside first to $ 6,100 area, and then, after the price breaks through the psychological barrier at $ 6,000 bar, we expect it to plunge down into ​​$ 5,850 - $ 5,650 range, where you can set your take profit orders. The momentum gained from the triggered stop orders scattered in the immediate vicinity of the $ 6000 support contributes to this scenario. We believe, that before the market ventures to resume growth, market manipulators will undoubtedly want to create the illusion that bitcoin is doomed to an even greater decline. We suggest playing by their rules for now and rely on the trend, which remains exceptionally bearish.


gogoypmt

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Matagal tagal pa bago bumalik sa $10K dahil gusto nila ito pababain at ibalik sa $1K level.


mokoy222

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kahit number 1 crypto pa btc nagdududa  pa rin ako mag invest kasi posible bumababa pa ito matengga capital ko ...sa etherium ako nag invest kasi bumagsak sya bumababa at maganda projects nya pag tumaas ito uli sure malaki kikitain


binsyo

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...ber months na. Babalik pa ba ang sigla ni BTC gaya ng last year? Ano sa tingin niyo?


cailee2308

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From a Technical Trader's perspective..BTC is supported strongly $5800 - $6000 price area.. and seeing the price action, the BTC could explode anytime soon..It keeps bouncing back from $6000 signifying that most of the BTC investors, traders still wants to move the price of BTC higher..and I strongly believe it will, even though Crypto currency still lacks of fundamentals, digital currency is the future...


If the price move, touch and closes below the $5800 or $5000, then expect another leg of long downtrend..









hope it helps..


 


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