Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254680 times)
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ivomm
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June 06, 2019, 06:24:44 PM

The Wall Street Journal Business Section - Some Bet Bitcoin Price Could Reach $50,000



This reminds me of an early 2017 prediction. "If Bitcoin ETF is approved, Bitcoin can rise up  to $5000 untill the end of 2017". The price was 800-ish back then, so this was 6x prediction. It looked pretty bold then. Of course, the ETF wasn't approved and yet the price went to $20 000, i.e. 25x.  So now we can expect between 25x3000=75 000 and 25x9000=225000?  Grin This is ridiculous for just a year, I know. But If we think about it, 2017  was the year with so many bad news for Bitcoin - China's ban, forks, beecashers dumpsters and last but not least - the futures. Yes, the futures was a bad news for the hodlers, since we knew that the price will be maipulated heavily by selling at certain hours. I still wonder how Bitcoin managed to overcome all this. Well, if not this year, we can expect some incredible bull run after the halving. I can't wait to see the fireworks!  Grin Grin Grin