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Bitcoin making a milestone at $10,000

Bitcoin making a milestone at $10,000

As Bitcoin reaches its next milestone, new retail investors keep piling in to catch the hype, which will only drive the value up further in 2018.

It’s current lack of merchant acceptance makes it difficult for large holders of the cryptocurrency to unload anytime soon as well, also helping drive prices up further.

Expectations for Bitcoin can go up to $40K by end of next year, according to Mike Novogratz (famous hedge fund manager, who started his own fund on cryptocurrency).  He also volatile swings along the way over the next 12 months.

What is the true price range for Bitcoin?  We will find out what other milestones lay ahead throughout  2018.

#fintech #bitcoin

Article on Business Insider

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