Bitcoin price & Altcoin analytics

The Bitcoin price rose sharply after Bitcoin Improvement Proposal 91 (BIP 91) was locked in yesterday evening.

The Bitcoin trading market has been panicky shivering this last week. The Bitcoin price has dropped sharply from $2,500 last week to $1,850 on Sunday, July 16. However, on Monday, July 17, Bitcoin’s price recovered a little and holds on at a level around $2,000.

The recent rally of the Bitcoin price to $3,000 paused with inevitable corrections that led cryptocurrency experts to again speak about the possibility that other cryptocurrencies, or altcoins, will soon take the lead on the digital currency markets.

Half of the year 2017 has already passed and during this period the Bitcoin price made the most dramatic rises and falls in its history. Several months ago Blockchain and cryptocurrency experts were doubtful that the Bitcoin price could reach the height of over $2,500 that we observe now or even its recent maximum of $3,000, so quickly. However, now, most of them believe in a very positive end to 2017.

In the previous article about Bitcoin price trends at Coinidol.com, the experts have predicted that the price of Bitcoin could hit $3,000 by the end of December 2017. However, it’s June now and last week the Bitcoin price has already reached $3,000.

The recent rally of the Bitcoin price to $3,000 paused with inevitable corrections and the price moved to the level of about $2,750 per BTC. Meanwhile, the main competitor of the world’s largest cryptocurrency - Ethereum (ETH) is pushing up.

In the previous article about Bitcoin price trends at Coinidol.com, the experts predicted that the price of Bitcoin could hit $3,000 by the end of December 2017.

On Tuesday, June 6, the Bitcoin price reaches a new historical maximum level of $2,850 USD and continues growing.

In May 2017 almost all the most popular cryptocurrencies have shown unbelievable market capitalization growth.