What is the bitcoin price prediction for 2017, 2018, 2019 and 2020?What is the bitcoin price prediction for 2017, 2018, 2019 and 2020?

I personally estimate that the price for a single bitcoin will be between $5,000 and $8,000 USD in 3 years.

Here’s a few reasons why I think this: Bitcoin is a network and as such it creates a network effect that is speeding up adoption at an alarming rate.

Research - People are simply asking themselves “What is Bitcoin?” and then following up on that by doing some pretty basic research. Even if people don’t fully understand its utility at first, you can be sure that they will buy some just because it's appreciating.
Exposure - More and more Tech blogs are writing about bitcoin as it does things like “hits an all-time high”. This is a classic case of more begets more and as the more records it hits, the more exposure it will receive which in turn will drive more people to pile onto the hype that surrounds it.
Demonetization - Governments around the world are working to create cashless societies. India’s government is going through a series of demonitization efforts that are driving the people to find alternative mechanisms for value storage and Bitcoin seems to be finding itself primarily used as a safe haven asset.
Hyperinflation - Brazil, Argentina, Venezuela, Mexico and other failing governments around the world are devaluing currencies at an alarming rate. Don't expect the people to just stand by while their life savings is destroyed by government corruption.
Growing Infrastructure - New startups and apps are being launched all the time to help further build the growing infrastructure of not only bitcoin but of the entire crypto space. In 3 years from now, the bitcoin infrastructure is going to be vastly more advanced than it is today since the spread of technology is only speeding up.
Lack of Trust - The established legacy banking industry is losing its hold on the minds of people. People are realizing that the banks only have their own interests at hand and that fintech is now able to provide a better service for less money. The global economy is basically failing and people are looking for a safe haven to store their wealth.
Politicians and governments are realizing their inability to stop it. Some of these politicians are actually trying to find ways to create an economy that enables blockchain technology so as to set their countries for immense wealth and economic advantage.
One might say…“A rising tide raises all ships”.

Well, bitcoin is the rising tide and the bitcoin holders around the world are the ships. Let's see how far the tide rises in the next 3 years.

Today’s date is April 10th 2017, so on April 10th 2020, we will find out how crazy or enlightened I actually am.