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.
Currently the price is at $4900+, and seems to have no signs of stopping.
I would think that the price will at least $5k this month. Whether it is able to stay up there or not, i'm not sure. Depends on how segwit2x turns out, if it turns out well then we could well establish $5k as a floor for now.
Basically a $150 profit per coin at least in less than 24h once again, shows how crazy this currently is. I would be cautious entering.