At the end of 2016 when the Bitcoin price was under $1000, a number of Bitcoin enthusiasts took a stab at what the price would be in 2017 and beyond. Predicting prices in the short term is very difficult, and, the first six months of 2017 has been an incredible ride few could have predicted. Long term there is a very bullish outlook for Bitcoin value and price as fundamentals get stronger.
Watch this short explainer video to see who got the prediction right so far:-
The cryptocurrency market as a whole has increased dramatically this year with some altcoins gaining traction. The market cap for all cryptocurrencies, over 1000 listed on coinmarketcap.com, is over $345 Billion with Bitcoin leading the pack.
What is your prediction – where is the Bitcoin price headed? Please leave your comments below:
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