Do you think Bitcoin cash will reach $1k before the year ends??

[Kelvin7656]

During the past week, the price of Ethereum has increased by 45%, Bitcoin - by almost 20%. Let's try to answer one of the main questions of traders and investors — what to do with assets now, will they continue to rise in price or will the correction begin?
On the night of Tuesday, January 5, the price of Bitcoin on the Binance crypto exchange exceeded $32.8 K, now it is $31.2 K. Over the past day, the cryptocurrency has risen in price by 6%, during a week - by almost 20%. On January 3, the price of the Bitcoin updated the historical maximum of $34.7 K.
At the same time, on the morning of January 4th, the exchange rate of the largest altcoin by capitalization, Ethereum, has reached $1.1 K for the first time since February 2018. A breakdown of the psychological resistance level of $1 K can open the way for the cryptocurrency to its historical maximum of $1.4 K, experts say. However, a decline in the price to $1 K and below in the near future may provoke a further fall to $838.
Regarding Bitcoin, it is worth to note that we should not expect a strong correction, FXOpen experts say. First, large crypto investors do not sell their coins, but on the contrary, withdraw liquidity from exchanges, which has a positive effect on the price. Secondly, despite the rather strong information noise around Bitcoin, the number of daily new BTC addresses has still not reached the level of 2017. It means that Bitcoin's growth is largely organic, not viral. Third, the boom in open purchases of Bitcoin by institutional investors has pushed the rate up quite strongly, but in addition to large funds, the creation of reserves in Bitcoin by government agencies has begun.

 

[Chumzy]

Bitcoin cash is a fork coin made out of Bitcoin to help meet the ends it can't. So that means that somehow they are connected and it's value is influenced by bitcoin. I think it can get to that value only if bitcoin itself htis a 150 thousand dollars as predicted.

 

[Sincerem]

I don't see bit coin cash going as high as $1k before the year end, although if is showing quite some numbers of rapid improvements lately but I really don't see it going as high as $1k before the end of the year. But still anything is possible which means it could still be possible.

Bro you spoke well, when it comes to Cryptocurrency, anything is very much possible. Even when it is when adrift of such expectations we can still have glimpse of hope that it will topple to that level. The coin is valued around $515 now, let's keep hoping it gets to $1k sooner.

 

[Prettybabe]

Due to the increase in price in Bitcoin, I think most coins have been affected positively and that includes Bitcoin cash. There's every likely hood that Bitcoin cash could increase to that mark before the year ends.

 

[Nomad]

Bitcoin cash was $4000 once, but it dropped very low. Currently it is doing well. IN fact a couple of days ago, Bitcoin cash was past $1000, however, the value dropped again

 

[Sincerem]

Bitcoin cash was $4000 once, but it dropped very low. Currently it is doing well. IN fact a couple of days ago, Bitcoin cash was past $1000, however, the value dropped again

You're right man, it initially went past the $1000 mark earlier before now, when it reached $4,000. It was $1,200 in the last two weeks, but now the value have dropped down to $956.

 

[Justin]

If bitcoin cash continues to go up, we can expect it to hit $2000 by the end of this year. This is one of the top performing currencies in the crypto currency market.

 

[Eodine]

Anything is possible in the crypto world. So it won't come as a surprise if a subsidiary of the first and largest crypto currency hits the $1,000 mark before the year ends.

 

[Kunkun]

Bitcoin cash already got the 1k mark this year already, it happened this month too although it's back below 1k now, I'm sure it would rise back before the year runs out since its rise is associated with bitcoin

 

[Abbeyola]

At the moment, Bitcoin cash is experiencing an increase in price tag lately. Currently at $519 per token, during October 2020 the coin was picked around $260 per token. You can see its almost 100% increase in percentage since October to now. Only last week it increased 12%, going from $469 to $519 per token. You can see the massive improvement gearing up around Bitcoin cash. I won't be surprise to see it reach $1k per token this year, considering how people view it as alternative to Bitcoin. Based on the low transaction fees, and how faster it is processing transactions.

Seriously, anything can happen before the end of the year, you can never tell, the rate the digital currency keeps on increasing in value by the day.

 

[Sincerem]

Bitcoin cash already got the 1k mark this year already, it happened this month too although it's back below 1k now, I'm sure it would rise back before the year runs out since its rise is associated with bitcoin

You're right, you've been checking the market values of this coins. BCH reached and crossed that land market this month. Even if it had some decline lately, i expect it to go back to its base.

 

[Muhammadawais]

In terms of market capitalization, Bitcoin Cash (BCH) has reclaimed its place among the top 15 cryptocurrencies. This may have occurred as a result of the large-scale purchases made by crypto traders.

 

[Senator]

Since everything about the cryptocurrency is speculation, I would say it might get o that point towards it close to the end of this year

 

[Richard92]

Biticon cash is also growing very fast in the crypto-currency market and I believe it will reach 1k at the end of the year, due to its fast growth recently in the market.

 

[Kunkun]

You're right, you've been checking the market values of this coins. BCH reached and crossed that land market this month. Even if it had some decline lately, i expect it to go back to its base.

Yeah, lots of coins are related to Bitcoin in terms of it's volatility especially the Bitcoin cash so since Bitcoin still has potential for the year so does Bitcoin cash, fingers crossed on the developments

 

[Chibson]

Bitcoin cash has already touched over $1000 this month which is a very good development especially for those hodling. I am backing it to reach over $1500 this year.

 

[Sincerem]

In terms of market capitalization, Bitcoin Cash (BCH) has reclaimed its place among the top 15 cryptocurrencies. This may have occurred as a result of the large-scale purchases made by crypto traders.

You're correct. The crypto coin is listed on the top 15th coin based on marketcap in the crypto market. The coin crossed the $1,000 mark in the last two weeks, but its around the $900+ mark.

 

[Justin]

Bitcoin cash crossed $1000 mark and then it again fell down. However, I believe the currency will again bounce back and regain value I believe ti can reach $2000 by the end of this year

 

[Sincerem]

Bitcoin cash crossed $1000 mark and then it again fell down. However, I believe the currency will again bounce back and regain value I believe ti can reach $2000 by the end of this year

I believe it will bounce back for sure. Only time will tell where this coin will be in the future. But at the mean time it has started draining down.

 

[ahmedo24]

The coin might be heading to $2000 because it has already reached $1000 before the major dip we are currently facing , opportunities for buyers to buy now because new bull run is set.