yes correct bitcoin hitting $8000 and I think this digital currency will continuesly level up the price. Behind this everyone admire that cyrptocurrency will continue exist and helpful to us. Many user that speculation for bitcoin will be reaching more than $8000 before end this year.
True said. Bitcoin broke that 8000USD barrier and is heading towards 8500USD now. Thats somewhat amazing but also scares me as this growth of Bitcoins value is not really organic in my opinion. Its more speculation than many might think it is. So if speculators start cashing out, weak hands will follow and this will result in a sharp decline in value. I hope that the price keeps rising until 10k so that we can say we got an all time high of 10k in 2017! After that if price goes down to 6k or so Im willing to buy in again!
An economic crisis might come really soon, in the first part of 2018, and I think people might find their refuge in Bitcoin, since it's the digital gold. I really think It will continue to grow despite the downturn of the economy, so I think people won't sell it for now.
Interesting point here, what makes you think that there will be a global economic crisis in the first quartal of 2018? I am really curious what will happen to Bitcoin in the near future. If what you said turned out to be true and people really flew into Bitcoin, it is likely that many countries will try to regulate or even forbid Bitcoin.
In some countries Bitcoin is already illegal, but that is not going to stop the raising in Bitcoin or cryptocurrencies for that matter. But Bitcoin has his own political problems with a lot of groups trying to take over and controll "the real bitcoin" (There are like 5 Bitcoins now) and this could affect in some way Bitcoin. The truth is that Bitcoin technollogy is not that good, it is slow, it have scalability problems, political problems, high fees, etc; and there are other cryptos that are way more better, better governance, better technology, more descentrilized and with lower fees, and when people realize this, they are going to change from bitcoin to any other better options such as NEM, Monero, Dash, PIVX, Decred, you name it! all better thatn Bitcoin.