Bitcoin's price briefly passed above the $4,800 mark for the first time today.
According to data from CoinDesk's Bitcoin Price Index (BPI), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading.
Courtesy: CoinDesk
Guys what would be opinion upcoming months and what is expected price in upcoming year. Normally price use to bump when we nearing new from Dec 20 to Jan 1.
This is a very good news about bitcoin itself as it is show casing the power of it above any other crypto currencies, I believe that it will surpass the $5,000 mark before September ends. And maybe it will surpass or reach $7,000 mark before the year 2017 ends. It is not too late to invest in bitcoin though after all this events.
You are correct .Not many People accepted this.The price of bitcoin reaches 4800$+.This shows the growth of bitcoin in a couple of days and weeks. At August 1 ,some may thought the bitcoin will disappear. But the bitcoin over come all the things and shine after that also.Here is the proof for that.