soon bitcoin prices will actually reach $ 1,100. Well, this is an increase faster than in previous years. I believe that this will not stop here. bitcoin probably will reach a price of $ 1500, and then stabilized in a few months
Reaching 1500 is achievable for this year cuz year started we will finish February soon and we made progress in price, moving forward, in the end we all want that. Dont expect to see price goes down so much but this price you mentioned expect to see any time this year.
After seeing current rapid progress of bitcoin prices, I am expecting $2000 levels in very short term itself. I believe $1500 will be possible before end of March 2017 itself. Market volume witness enough investors even China got regulated heavily. With exponential price movements possibilities, I am very much sure fast climbing again about to happen.
Price increase rally already building the hype now on bitcoin which most bitcoin users are hoping on reaching on $2k price but on my own view its really high to consider since im just expecting on reaching out 1.4 on this year who knows if bitcoin would go over that point
The max price (aka ATH) is indeed important
But we shouldn't evidently forget about consistency. Long-term it may be even more important for Bitcoin that first maxing out and then plunging twice in price. Really, if the price spikes to 2,000 dollars per coin and then collapses to 500 dollars (this is an unlikely event but still not completely impossible), what will be the net effect of that huge price swing? As to me, if Bitcoin continues to rise slowly but surely with minor corrections, that will be a much better course of events