
What Will the Bitcoin Price Be in 2017?
While bitcoin prices rose sharply in 2016, climbing to multi-year highs, they will likely push even higher in 2017, according to a panel of experts polled by CoinDesk. Propelled forward by numerous forces including strong market momentum, rising interest rates and an influx of new money, the digital currency’s price could surge to fresh, all-time highs next year, the analysts asserted. Bitcoin prices rose more than 100% in 2016, climbing from roughly $430 at the start of the year to $963.14 at around 19:00 UTC on 28th December, according to CoinDesk USD Bitcoin Price Index (BPI) data. When....
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Crypto pundit Master Kenobi has remarked that the Dogecoin price is giving 2017 vibes. This presents a bullish outlook for DOGE, given the foremost meme coin’s price action in the 2017 bull cycle. Dogecoin Price Replicating 2017 Bull Run In an X post, Master Kenobi stated that the Dogecoin price is giving 2017 vibes, indicating […]
With Bitcoin price rising like an eagle, albeit a slight slump on Christmas, it ricocheted back impressively heading to $1000. In fact, next month is precisely eight good years since the first Bitcoin block was mined. In less than a week, the price rose more than 12 percent and looking at some factors the prospects in 2017 are all auspicious. Bitcoin experts believe that the current trend of an upward adjustment for the pioneer cryptocurrency will continue unabated in 2017. Roger Ver, also known as Bitcoin Jesus, and owner of Bitcoin.com holds the belief that there is good reason to think....
Crypto analyst Galaxy has drawn similarities between the current XRP price action and the 2017 bull run, when the altcoin recorded significant gains. He predicts the altcoin could soon rally to double digits, mirroring the 2017 rally. XRP Price To Rally To Double Digits As It Mirrors 2017 Rally In an X post, Galaxy indicated that the XRP price could rally to double digits as it mirrors the 2017 rally. He stated that XRP is almost perfectly following the breakout pattern of 2017 after 6 years of consolidation. The analyst added that the longer the consolidation, the bigger the price move.....
More people use Bitcoin now, but transaction fees are much lower than during the 2017 bull run. As Bitcoin (BTC) keeps hitting new all-time highs past $20,000, its network fundamentals paint a different picture compared to the previous 2017 bull run.Three years ago, on this very day, Bitcoin reached its first major all-time high of $20,000, recording up to 2,000% gains for that year. Over the course of 2020, Bitcoin enjoyed another price rally pushing its price to new historic highs and crossing $23,500 on Dec. 17 for the first time ever.Comparing the bull runs of 2017 and 2020, one may....