Bitcoin prices continue to surprise both crypto markets and the wider investment community with their unique growth. Topping Expectations Even the most optimistic short-term price expectations now look conservative as Bitcoin prices reach $9000 and in some markets top the magical $10,000 value. Did you realize just how much Bitcoin is growing? Depending on where you are and who you are, the most popular virtual currency really is becoming the economic miracle accessible to everyone
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Bitcoin at $500,000 by 2030 is the latest sky-high prediction to come from high-flying personalities, this time Snapchat’s first investor. Smith, Liew: Developing Markets Will Drive Bitcoin’s Moontrip In a joint presentation with Blockchain CEO Peter Smith, Jeremy Liew, whose stake in Snapchat is now worth $2 billion, said that external factors driving interest in Bitcoin would propel it to unseen heights in the coming decade. Remittance increases, mobile penetration and political uncertainty top the list.
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Apr. 11 – 19, 2016 — Over the week of Apr. 11 – 19, the bitcoin price showed early signs of a bullish renewal. The price moved up steadily, +3.6%, on an Apr. 16 high of $435.67 registered at bitcoinaverage.com. This article was provided by the Vanbex Group on behalf of BitcoinAverage. This is the highest mark since Mar. 1, which must have excited traders with the prospect of a continuation bull trend that began on September
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The bitcoin price should make a sharp jump above $420 resistance level this week, and looks bullish at least for the near short term. The target for a continued upward trend is $440, a level dating back to February 14 2016. A declining sloping trend line cuts right around $440, and some more resistance should kick in. This resistance will likely push back on price and force it to retrace to $420. Beyond the short