But bitcoin is i believe in the early part of the process which means it could go very high indeed. Because bitcoins price could theoretically rise 1000 10000 100000 or more whereas the most you can lose on your bitcoin investment is 100 and i have explained that bitcoin prices.
This Could Be The Biggest Ever Month For Bitcoin And Crypto
how high could bitcoin get
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Some experts believe that its current record high 19783 in december 2017 could have been a drop in the bucket and predict bitcoin will go up to 50000 by 2021.
How high could bitcoin get. Prices need to cross sundaya s high of 9310. The boom bubble and bust cycle cant be avoided it is the history of innovation. When i originally wrote this digital currency bitcoin had just hit yet another all time high above 2400.
Right now bitcoin feels a little frenzied and we could see it surge up but i think by the end of the year we certainly take out the old highs novogratz head of cryptocurrency merchant bank. This article was updated on december 15 2017 and originally published on may 25 2017. In addition there are other voices who have an interest in bitcoin and cryptocurrencies failing.
There are many people out there that think bitcoin could crash spectacularly. Bitcoins halving is in less than three weeks away and the biggest event in crypto has everyone talking and speculating once againbut while things are potentially looking bullish for bitcoin altcoins could get crushed during the explosive volatility expected when the btc block reward halves in just a couple short weeks from now. However very few of these have an understanding of what bitcoin is.
At press time bitcoin is changing hands near 9000 having put in a low of 8630 according to coindeska s bitcoin price index. Lets see if the question of how high will bitcoin goes or how low is the one to ask. The summer is over but bitcoin btc could become increasingly hot.
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