Bitcoins psychological barrier was broken this morning first in Chinese markets breaking 7000 CNY and now rolling over to US markets "breaking 1000 USD". Confidence and momentum is really building up! I bought another bitcoin just before break "a hard psychological resistance" of which i'll need to cover by selling off some more stocked up silver. My projection for January is that bitcoin could easily touch $2000 but not likely to break it. I'm also expecting two major highs this year before retracement of which I really expect the first to hit and the other projected for the end of 2017 or early 2018.
High 1 - 13-15k
High 2 - 30- 50k
Breaking 1k is a very big deal... this will drive a lot of new money into bitcoin and as the price goes higher so does the momentum.
Have a great 2017!
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Thanks.