Bitcoin (BTC) price at the end of 2017? Predictions
After reaching a total market cap of over 53.5 Billion Dollars, and reaching a price of over 3300$ from a meagre 1800$ in just a couple of weeks, it seems BTC's price will continue to soar exponentially.
This is partly because of large corporates taking an interest in the crypto world. Some corporates are partnering up with cryptos and some are investing in them.
It is however also partly because of the artificially inflated price of BTC in the last couple of days due to the distribution of free Bitcoin Cash (BCH) for each BTC and individual had, thus adding about 6.6 Billion Dollars in value to the total crypto currency market.
Anyway, what do you guys think Bitcoin's price will be at the end of 2017? My prediction is about 4500$
What are your predictions?
I'm predicting a significant bull run for BTC pushing $4K by the end of October. Then another FUD decrease in November...then to the moon by spring. (as long there is not a major catastrophe related to BTC in the meantime)