Bitcoin in Numbers — a Visual Look at Bitcoin Growth and Demand So Far in 2017

[jamie.redman1]

The bitcoin economy is growing fast, and the environment is continuously evolving right before our eyes. 2017 is showing that more people are interested in bitcoin as demand for the decentralized cryptocurrency increases globally.

A lot has changed over the course of the past eight years within the bitcoin ecosystem, as trends are showing increased interest in the digital currency over time. This year there’s been a few bumps in the road, but bitcoin has held above the 4-digit price range for its longest period ever. 2017 is also showing that the entire bitcoin economy is shifting in more ways than one. Today we will take a visual look at bitcoin achievements and interesting cryptocurrency trends throughout this first quarter of 2017.

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[chrishaiden66]

With network scalability, o bitcoin ETF, smarter regulation, record trading volumes, Increased flat capital controls by governments around the world, and soaring consumer and smart money interest 2017 is set to be a spectacular year for bitcoin.
'I'd predict on average price of $1,200 for 2017 and o year-end price of $2,000. Of course, these ore mere extrapolations on current sentiment and factoring in some hiccups, but unexpected events are likely.

After analyzing this i can predict the Bitcoin price forecast which explained here



1. Sell walls at $1020 are outweighing buy walls significantly at the moment as the market is probably still being balanced out after the recent downward spikes.

2. Resistance at $1020 levels still remains unbreached as BTC/USD markets started being overwhelmed with heavy selling pressure when this level was hit.

3. The momentum of the market projecting further price rises has certainly slowed down but it’s notable that prices are remaining above $1000 levels amid such volumes and resistance