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RE: Will Bitcoin Reach $10,000 by December 2017?
The entire crypto world is starting to get funded...the big money is only started to creep in. If the media coverage continues through October like it is now, we will see a run at the end of the year like you wouldnt believe. The money managers get desperate to show a return by that time of the year (if they havent which is likely since most havent made any money since March)....crypto offers them a place to generate a return quickly.
Yes, I am seeing a lot of money managers and investment firms investing in crypto. Since the Brxit and the US election the share market is stagnant and almost no one has many any significant money. And it’s almost the end of the year, and everyone needs to book some profit.
Investment bloggers and YouTubers who were afraid of the crypto market are now slowly easing up and trying to promote crypto as an alternative investment strategy.