Bitcoin marching towards $1 million or Crashing?

In the recent news, we all can see one big talk "BitCoin". Many analysts, economist and Regulatory bodies are all commenting about "BitCoin".

Many from Wall street says it's a "Bubble" and it's going to "Implode" terribly. Is it the same comment being there for a while ? Do Bitcoin booming carry the same momentum as the previous bubbles ?

These are the questions that are debated over and over again in most of the media..! Many say that it's a bubble because they claim that most of it's investors don't have a decent understanding on the bitcoin itself and how "BlockChain" works, the technology on which the Bitcoin is based, rather it's just a crowd mentality that drives people and those who want a quick money are investing, is the claim.

It's definitely grabbing lot of attention and two of the exchanges CBOE and CFE, One of which is Word's largest exchange, have already started trading "Bitcoin Futures" and calming a progress, and pulled the rally from $19.5k around to $18k-ish in a single day. The momentum seems to be holding for a while and looks like it's trying to stabilize as of writing this article and Bitcoin was trading around $19k.

There are already talks about TDAmeritrade planning to let certain clients to trade Bitcoin futures. Hedge fund Pro Miller has said that about fifty percentage of MVP1 hedge fund investments are in Bitcoin as of last week. CoinBase, one of the major crypto currency exchange has announced that it's focusing on improving it's platform for performance and security. It's CEO has hinted they are going to add few more crypto currencies to their platform. As of now, the CoinBase is supporting only three major Crypto Currencies Bitcoin, Ethereum and LiteCoin.

Other crypto currencies like Ethereum, LiteCoin, Ripple, IOTA are all gaining the momentum as well. Will 2018 be the year for Crypto-currencies and Block-chain development era beginning ?

As a crypto enthusiast, I can see a strong future for Crypto currencies. In my opinion BitCoin will reach and stay around $20k by Dec 2017 last week and by 2018 it may reach $100k or even more..!!!