I’ve been following Bitcoin latest news and developments lately. Look like Bitcoin (BTC) price been stable lately at $1000. There were many prediction few weeks ago that Bitcoin will end 2017 at $2000, some even say at $3000 by end of 2017. For me, I don’t know, but a wild guess $2500 is not impossible based on historical trend.
News about Bitcoin does impact Bitcoin price now a day, although it’s still volatile. Volatile is good for day trading that’s for sure, however it’s not that easy to predict if it’s going to up or down next day. Knowing the news ahead of time might help, but sometime Bitcoin just immune the news whether it’s bad or good doesn’t impact Bitcoin much.
I’m holding some Bitcoin, although sold a bunch just barely enough to cover my next few years retirement at age 40, yeah, but if Bitcoin go up to $2k or $3k then it will sure help me greatly to continue my retirement.