Bitcoin Trend / February of 2018 Bitcoin Might Hit $5500.00

in bitcoin •  7 years ago  (edited)

The last days, I was asked what will be the BTC price of the end of 2017..

My answer will be short as always,
associated with the diagram that I drew it 5 months ago..

b2x1.png

Pic Source

Eveybody is busy buying in shares of Bitcoin by transactions, Bitcoin mining, online portals etc. because it is more like an gold of the current 21st Century saved in your wallets.

So What The Future of Bitcoin?

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Here is my point of view..

Bitcoin is considered the King of Cryptocurrency nowadays due to it’s unbelievable surge and growth it has seen in past years.

Bitcoin has many advantages and for this reason it will remain
relevant as a currency.

Bitcoin has been recognised as currency in many countries and as of today it’s the most liquid & widely accepted crypto currency in the world.

Bitcoin started all over in the year 2008 but it has seen dawn in the year 2013 and started making news and is part of headlines from then till now.

It has seen of surge of more than 300% in quite a short span of duration.
The current speed at which it is going will push the price By :

  • The end of this year to around $4900.00.
  • The February of 2018, it might hit the opening
    market value of $5500.00.

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I tend to agree. Then again BTC does tend to do what it wants, if it follows previous years patterns, we'll see the end of the year spike and then drop before taxes to "pretend to lose money" and then like you said February-ish should be a new ATH probably.

This is my point of view associated with the diagram that I drew it 5 months ago..
I think the price in Feb will be between 5350- 5570
Thanks for good comment
Let us wait and see

Thanks for your decent post, i want to know how did you get BTC price $5500, are referring to the fair price.
This is great, I've done a lot of calculations to get the fact of this figure, and it could go to $5750.

I said around 5500 ( 5350 -5750 )

I'm happy because we got identical figures , that's mean we are almost on the right track.
Thanks for reading my comments :)

The rise in price is a joy for us)))) The cost of bitcoin depends on buying a new home for my family)))) Thanks for the post)))

I hope that you can buy the home on Feb
Thanks for support

Oh, I would really like that))) It's hard to live in a rented apartment)))

The way it is going it might even cross that state ,Wish that time will tell us what happens ;)

amigo #resteemia at your service


excellent analysis & $5500++ in 2018. nice work @lordoftruth

ReSteemia
'UpVoted ReSteemed Commented'

Thanks for support and resteem

I agree with you @lordoftruth Great analysis and thanks for sharing your outstanding knowledge about analysis with us!

@lordoftruth - Omg, I'll hodl few more BTC then Sir. Nice update Sir <3

+W+ [UpVoted & ReSteemed]

thanks for support and resteem

Yes , It is very possible to hit 5500 to 6000 this coming 2018..

wow ! your post is great because your idea is best.
thanks for share.
upvoted

time itself made the clock stop working) oh that line!!
Touched my heart!!

totally agree with you!!!!

@lordoftruth,
Yeah it will pass $5000 peak and will find a new peak around $6000! Great analysis and thanks for sharing your outstanding knowledge about analysis with us!

Cheers~

Oh thats good, i was looking around for some prediction on btc, got here. Thanks :)

U5drGcMqrpEHet92VSfHGgf3Q2J75N1.gif

This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

there are a few things to consider. it might even pass that level or even be less.
a few thinks to note.
china has stop ico,south k is about to stop ico and Russia too.
Venezuela and Zimbabwe are about to bitconize their country
Bahrain is about to adopt bitcoin

The cost of bitcoin depends on buying a new home for my family,Thanks for the post sir......

I agree that it could reach 5500$ by February and also hit the 10K$ at the end of 2018/beginning 2019 :)

Future now seems to be holding strong :D

nice predictions, If it is going hit 5500 mark that's a great news. We should get more Bitcoin.. And i hope the same to Steem as well.
Cheers!

A very nice thing, good, my friend. Congratulations, your excellence and progress. I wish you more success and success