But I can't understand this optimistic bias among bitcoin holders. These impressive rallies only offer are a clear proof that the bitcoin-based economy is still very immature and its price remains too volatile to be considered with seriousness by stores and companies to incorporate the bitcoin as a valid payment method. I would prefer a price stable at $850-900.
I think the stable price will be 1,000$ -1,100$ it is considered as the bottom line in the year of 2017. however, it can still move higher from 1,200-1,500$ in May or June, 2017 and it will hit 2,000$ at the end of 2017.