Bitcoin 50k dollar prediction Still possible this year ?

A "massive positive event" would need to occur this year to get bitcoin to the $60,000 mark in 2018, Hosp the co founder of tenx acknowledged, adding that could come in the form of a bitcoin exchange-traded fund or a country announcing something that is "very, very positive for bitcoin."

In the situation that such an event fails to materialize this year, Hosp said it would "definitely take a bit longer" for the virtual currency to hit $60,000.

With the halfway mark of 2018 having already passed, Hosp said bitcoin will have to be over $10,000 in August for it to eventually reach his target. "If we see over $10,000 by the end of August, we can see the $20,000, then the press, the media is going to come in, and we can still see the $60,000 this year.