Bitcoin has been going through the wars, recently it has been the spotlight of severe geo-political instability from the South Korean regulators and government pressures topped with that January statistically has been the lowest point in the crypto markets for the last 3 years, and on top of that the Chinese are placing massive put options at the CME (Chicago Mercantile Exchange) at contracts under 10,000$.
We haven’t been here before, but we are learning ever more the problems and market speculation that face the phenomenon that is Bitcoin.
Many analysts and ourselves strongly feel that Bitcoin will be $100,000 and will continue to overcome the current geo-political and regulatory, hurdles that it faces this obviously creates a fantastic buying opportunity for January 2018.
You’ve read it here first, Buy Buy Buy!
-Bitbank
