If history repeats itself then price of bitcoin could double from here, there is a good chance that by the end of 2019 the price of bitcoin could reach new all time high.
In 2015-2016, the price of bitcoin rose from $200 to $550 in no time. And after hovering around $ 550 for 6 months in 2016, bitcoin rose to $ 900 in no time. If you notice in the one day chart of bitcoin, again you will find that it is showing the similar bitcoin pattern from $3200 to $13700 in 2019. It would not be surprising if bitcoin could reach 2x from the current price level by the end of 2019 or in the first few months of 2020, according to a chart shared on his Twitter by crypto investor and trader Josh Roger.
According to Rager, if the price of bitcoin falls to $ 9k, this is really no reason to panic because many buyers will step up from the high $ 7000, so patience is the key.
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