BTC will go up 20.000$ in 1 month.
Price will be 70 k end of 2018.
Thanks for this awesome analysis. Yeah who doesn't want to pay $70.000 for a coin that has higher transaction fees than an international bank wire (currently over $50), that can only process 7 transactions per second world wide, that's useless in physical shops for its 10 minutes confirmation time and shops wont offer anyway because no serious shop can live with this kind of volatility, let alone the extreme transaction fees. Yeah $70.000 for such a useless coin, that makes sense, at least, if you're a dreamer

Do you want to buy some tulips ? I have some rare ones, they're red, $25.000 each you can have them

Then why are people paying $12,000 a piece for it? Bitcoin is starting to become more like gold. Not used for transactions but as a store of value due to its limited supply.