In my opinion bitcoin really in a bubble, which will cause a significant correction in the coming months, which will be reflected in a sharp decline. However, because of its yield, the currency will not disappear but will return to rise.
In addition, I estimate that towards 1 January 2018, the price of the currency will rise to the range of $ 21,000 to $ 20,000.
All of this indicates that we are moving towards the explosion of the bubble in the long run! I do not know how long and how significant it will be. But, in my opinion until the beginning of 2018 the currency will continue to rise significantly. As I said, I estimate that towards 1 January 2018, the price of the currency will rise to the range of $ 21,000 to $ 20,000. In the meantime, there will be a decrease of about 15% during the month.