The Bitcoin price this year has climbed to unprecedented levels.
For newcomers to the market looking to make a quick win, the rollercoaster of a year has probably been a time of scratching heads and possibly a few tears shed. For the long-term investor, however, these periods are part of the journey and opportune times to snap up some more coins when the price takes a dip.
Despite the precautionary cries of ‘bursting bubbles’, these market corrections are an anticipated occurrence.
These short-lived ‘crashes’ are momentary.
I maintain the prediction of a $3,000(+) Bitcoin by the end of the year.
6 Factors Pushing Bitcoin Prices Higher in 2017
- Legislative Changes for Cryptos
- Scaling Debate Resolution
- Economic Uncertainty
- Political Uncertainty
- Increased Inflow of Institutional Money
- Mainstream Momentum
Read more details here
https://www.cryptocoinsnews.com/6-factors-pushing-bitcoin-price-2017/
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