Bitcoin Price Forecast 2017
Bitcoin is now the rich man’s gold. Trading at over the $1,300 price level, Bitcoin now has a $38.00 premium over bullion. No small feat, especially when you look at the roller coaster ride Bitcoin has been on since the start of 2017. But is the current Bitcoin rally just an echo of 2013, where Bitcoin bulls had to stomach an 80% plunge in prices? Nope. Despite the so-called altcoin bubble, the outlook for Bitcoin prices and other cryptocurrencies remains bullish in 2017 and 2018.
On the technical front, it’s been a great time to be a cryptocurrency trader with Bitcoin, its arch-nemesis Ethereum, and other altcoins touching record levels.
Bitcoin, the undisputed (for now) leader in cryptocurrency,...
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