The way bitcoin price has been increasing has been alarming lately and I can say that no other currency has the amount of power that bitcoin has, I can remember vividly sometime during January ( I mean early January) bitcoin was only struggling to reach $1k but now come October, the currency is almost nearing $6k ($5600) to be precise, now I want to ask if there is a mark in which bitcoin will stop increasing or is there a mark it can't cross.
It may continue to rise sharply in the future as there are many investors wishing to hold it. So it will increase, not decrease or stop at the current $ 6,000 price.
At present, by looking at the graph of market price of bitcoin it is really very difficult to comment on what will be the end value of bitcoin. The way bitcoin markets value is increasing with each passing day, Im very much hopeful that in near future it will break all the records and will reach to some value which one cannot even think of. These coming days are going to be the golden days for investors of bitcoin.
It is indeed difficult to give any statement about the end price of bitcoin by 31st December, 2017. But still I would like to say that bitcoin will reach successfully 7000 dollars by that time or even can go beyond this price as it is continuously increasing in price with every passing day. Bitcoin holders are going to be the most successful and luckiest persons by the end of this year. Keep holding bitcoin till segwit for enjoying lavish life.