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Author Topic: [2017-12-06]$13,200: Bitcoin Price Defies All Expectations… Again  (Read 907 times)
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December 06, 2017, 03:44:20 PM

The Bitcoin price is continuing on its unparalleled trajectory higher as Wednesday’s new all-time highs reach $13,200.

According to average exchange data from Coinmarketcap, Bitcoin was trading just under $13,000 at press time, having corrected after breaking the barrier for the first time.

A new record has become an almost daily occurrence for Bitcoin over the past week, with prices exploding 50 percent from $9,000 just days ago.

Cointelegraph reported yesterday as prices passed $12,000 that the imminent onset of regulated futures trading was a major driving factor for incoming investment.

As prices continue to grow, however, many are now beginning to ask when the historic bull run will slow - or reverse.

Tweeting his forecast Tuesday, Max Keiser, the commentator famous for his Bitcoin and Dash advocacy, said he imagined $15,000 would the limit at which markets would take stock.

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