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.
Another factor that might hinder Bitcoin in reaching its new all time high is the upcoming possible hardfork. This will, undoubtedly, trigger panic selling and whale dumping. This is inevitable since some will find ways to make the price drop and buy more Bitcoin in order to have some free coins. Regardless of the factors that hinds Bitcoin from increase, Bitcoin will definitely reach the 5000 dollar mark. It's less than 3 months more before the year ends and there are a lot more things that may happen that may help to pump Bitcoin's price.