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Sunday, March 12, 2017

Analyst: Expect Bitcoin Price at $3,000 By Year’s End

Analyst: Expect Bitcoin Price at $3,000 By Year’s End

Bitcoin price could hit $3,000 by year’s end, having recently traded above gold and hitting a new high, according to Adam Davies, a consultant at Altus Consulting who works with financial institutions on technology. CNBC recently interviewed Davies, noting in the interest of disclosure, that he owns bitcoin.

That price would mark a near 150% gain over the recent $1,204, and more than 130% over the $1,293.47 high from last week.

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