Bitcoin is "fully valued" and could see a pullback in the short term after hitting $1,600 for the first time on Monday, according to one investor, but the price could go as high as $4,000 over the next 14 months.
The cryptocurrency has been on an upward move since April and was trading around $1,575.52 by early afternoon trading in London after hitting an all-time high $1,601.05 during morning trade, according to the Coindesk bitcoin price index.
In the last 30 days, bitcoin has risen over 33 percent
http://www.cnbc.com/2017/05/08/bitcoin-price-hits-record-high-and-4000-is-ahead-investor-says.html
Topic: Bitcoin hits $1,600 and one investor says it could rally to $4,000 in few months - page 5. (Read 4309 times)
May 08, 2017, 12:39:02 PM
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