Bitcoin prices have been on a tear over the past 12 months, but one bullish market watcher says it could hit stratospheric levels in the next 10 or 15 years
I was talking to institutions and just a few months back some were skeptical for whatever reason, now that this thing has shot up, now they are ready to listen and they are ready to buy [bitcoins], Lamoureux told MarketWatch.
On Thursday, a single bitcoin BTCUSD, -8.30% surpassed the record level of $2,700 before retreating back to around $2,462.57 in recent trade. That swing, perhaps, highlights the volatility inherent in the digital currency that has reclaimed the worlds attention three years after spectacularly