[2017-05-10] Moneycontrol: Bitcoin's rally continues; $2500-$3000 seen by 2017

[polynesia]

Bitcoin's roaring rally continues, tops $1700; $2500-3500 seen by 2017 end

http://www.moneycontrol.com/news/business/markets-business/bitcoins-roaring-rally-continues-tops-1700-seen-in-2500-3500-by-2017-end-2274863.html

The bitcoin rally does not seem to stop anytime soon -- the digital currency has been setting new highs every other day.

The price rose over USD 100 today to touch a new all-time high of USD 1,747, as per the CoinDesk price index.

Since the beginning on 2017, the price of bitcoin has rallied over 70 percent and in just this past week has gone up by USD 200. Not just bitcoin but many other altcoins have been up by over 600 percent this year.