I really feel that bitcoin will surge up to $2000 in the first half of this year. Those people that bought bitcoin when it dumped $900 are very lucky. They are filthy rich right now especially those whales.
I do not agree. The very lucky people are the altcoin investors. While Bitcoin is going up in fiat value, the altcoins are continuing to out perform Bitcoin and they keep going up in BTC value. By the end of this cycle, I believe there will be a few more millionaires made.
People who invested in alts early did indeed make out good if they sell at the right time before the collapse. Anyone that thinks alt coins are not in a bubble are deluding themselves. When that bubble breaks, all that alt coin money will quickly flow into Bitcoin either causing a Bitcoin bubble or massively inflating an existing one.
Currently, Bitcoin is not in a bubble, although the likely hood of one happen happening this year is pretty good. I am kind of kicking myself though, I could have made over 500k if I had shifted some of my Bitcoins into ETH before their run up
When that alt bubble pops, it will be devastating to those markets.