What can you say about bitcoin that pumped into 4115$. Do you think the goal of everyone for bitcoin will reach its value into 5000$ this 2017?
according to my research, bitcoin price is breaking its resistance level and if trading volume in South Korea, Japan, Europe and the US hold up. So it means there is chance to reach everyone's target. But there are factors that also affects bitcoin like in china, because the bitcoin industry on that country is over.
Yes, I think it's "safe" to say that bitcoin will reach at least $5000 until the end of this year. Apparently there are rumors from Russia, that they are changing their mind on bitcoin and ICOs, and that a ban on crypto could actually happen, or at least they could try it. It's sad to hear this, since before these rumors, they seem to be welcoming mining activities to their region. If they actually try to ban crypto, this could have an impact on it's price, if they succeed, because it could open the door for others to try and do the same. If they fail, which I think they will, it might also help the price rise. Let's see how this goes.