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Saturday, October 7, 2017

Crypto News: Despite Potential Forks and Volatility, Bitcoin Price Eyeing $6,000 in 2017

Despite Potential Forks and Volatility, Bitcoin Price Eyeing $6,000 in 2017

There are a few rocky months left in the year for Bitcoin, but experts are starting to predict that the digital currency could still rally another 40 percent to end on $6,000 for the year.

Many have had stabs at predicting the Bitcoin price at the end of this year of rapid rise, from stock picker Ronnie Moas who said he sees Bitcoin reaching $5,000 by the end of the year - although it already crossed that boundary recently.

Bitcoin has seen a lot of activity in the third quarter of this year, from dramatic rises to forks and bans on ICOs. However, despite the ups and downs, it has been a growing market overall.

Bitcoin was up over 74 percent in September, but the shifting landscape of governmental regulation and technology decisions has seen it bounce up and down recently.


Full story at http://bit.ly/2gi7mhq


Source: CoinTelegraph


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