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$7,150: Bitcoin Price Hits New All-Time High; $10,000 by 2017’s End?

Earlier today, on November 2, the bitcoin price achieved a new all-time high at $7,150, entering the $7,000 region for the first time in history.

In the past three days, the market has shown absolute confidence in the mid-term trend and performance of bitcoin, given the announcement of CME, the largest options exchange in the world, to launch a bitcoin futures exchange by the end of 2017, and the increased probability of the US Securities and Exchange Commission (SEC) approving a bitcoin ETF by mid-2018.

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