Bitcoin continues to push past $4700 as Charlie Shrem claims any price below $100,000 per coin is “cheap.”
Part of an increasingly large and prominent group of well-known names highly bullish on Bitcoin, Shrem made the comments on Twitter Thursday as the overall cryptocurrency market cap topped $170 bln.
Bitcoin reached a new all-time high in the past 24 hours’ trading, coming in at $4740 on Bitstampfrom a low of $4684.
The latest uptick this week was nonetheless modest enough to earn a “consolidation” tag from entrepreneur Vinny Lingham, who said a further “catalyst” would be necessary to see a significant price breakout up or down.
Full story at http://bit.ly/2wv28FU
Source: CoinTelegraph
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