What will happen to bitcoin during the year of 2017? It is now late June of 2017, and thus far we have seen what bitcoin is truly capable of. At the start of this year, in January, bitcoin price was around the upper 800s mark, yet still under $1,000 dollars, in just the past 5 months, we have seen Bitcoin now hit almost $3,000 dollars per coin! That is a HUGE increase, and now only that, but lately bitcoin has been staying between 2,500 and about 2,800 dollars. To say the least, Bitcoin has been doing very well.
What is my end of 2017 bitcoin prediction and why? I truly think Bitcoin will hit nearly $5,000 dollars each by the end of 2017. If we look at the recent trends and how fast it was able to grow from under 1,000 dollars to almost 3,000 dollars, it really does make sense to see it grow very close to the 5,000 dollar mark. There have been many people even saying they see Bitcoin reaching nearly $500,000 dollars each by 2020 to 2030, which is extremely crazy to even try to comprehend. but anything is possible. With more and more people finding out about Bitcoin, as well as altcoins (other kinds of cryptocurrencies) Bitcoin is gaining ALOT of traction!
So…. Will BTC hit $5,000 dollars by the end of this year? I REALLY think it will, but no one knows so we will just have to wait and see! Good luck to you all & God Bless!