6 Factors Pushing Bitcoin Prices Higher in 2017

The Bitcoin price this year has climbed to unprecedented levels.

For newcomers to the market looking to make a quick win, the rollercoaster of a year has probably been a time of scratching heads and possibly a few tears shed. For the long-term investor, however, these periods are part of the journey and opportune times to snap up some more coins when the price takes a dip.

Despite the precautionary cries of ‘bursting bubbles’, these market corrections are an anticipated occurrence.

These short-lived ‘crashes’ are momentary.

Here at Bitstocks, we maintain our prediction of a $3,000(+) Bitcoin by the end of the year.

All 8 factors are :

Legislative Changes for Cryptos

Scaling Debate Resolution

Economic and Political Uncertainty

Increased Inflow of Institutional Money

Mainstream Momentum

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