Today Bitcoin hit the landmark price of $10,000 per coin up from $6,000 a month ago. Bullish optimism has the price at $40k+ in 2018 and possibly to $20k before year end. I’m personally seeing it correct in December but won’t be surprised if $17k is achieved by 12/31. On 12/10, the Chicago Mercantile Exchange will launch its futures product tied to Bitcoin at which point there will likely be a heavy influx of institutional Wallstreet capital rushing in. There will likely be a price correction soon but the long-term forecast for a currency that has the utility that Bitcoin does is VERY strong.
