Bitcoin Loses Steam After Nearing All-Time Highs, But Trader Says It Could Be on Track to $74,000
Bitcoin’s boom may just be starting. The cryptocurrency’s comeback could go exponential next year, two traders said Tuesday after bitcoin broke above $19,000 and rallied nearly 3.5%, closing in on its 2017 record highs. The popular trade lost steam later in the week, falling nearly 12% since Wednesday to around $16,855.00 as of Friday morning, according to CoinMetrics.