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Saturday, May 13, 2017

Dare To Dream? Bitcoin Just $350 Off $2000 Moon Landing

Dare To Dream? Bitcoin Just $350 Off $2000 Moon Landing

Bitcoin is adamant which way it intends to go as its price beats $1600 resistance to land just $350 short of a new $2000 frontier.

In what has been an unprecedented run since March, the cryptocurrency has beaten all expectations to gain $750 without major downward pressure.

Now, just weeks after the price per coin fell below $1000 on hard fork fears, the question on everyone’s lips has become whether it is about to hit double that figure.

Commentators recently began citing underlying healthy pointers in Bitcoin such as investment as reasons for the optimism. On Twitter Monday, BitFury CEO George Kikvadze continued the sentiment, saying the Bitcoin asset class “has become too large to ignore.”

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