As comes to a close, we decided to look at some major events and themes both good and bad for bitcoin. Bitcoin s milestones. This is the most obvious theme of the year the digital currency s astronomical rise. On the first day of , bitcoin was valued at $, according to the cryptocurrency . "The alts industry is new and it will take at least a few years to become mainstream," he said, adding "we can see x gains like bitcoin this year, in many alt coins." Related "Since alt coins get pumped and dumped a lot, I look at the current market evaluation and see if they are priced right. A lot of . Bitcoin s BTCUSD, . rise has been meteoric, and while investors in the first half of the year were marveling at how quickly it was breaking through $ milestones, they now stare agape as $, markers fall by the wayside. It hit $, in October, followed by $, later that month. The $, . At the start of the year Blockchain Capital partner Spencer Bogart predicted that bitcoin s price could rise to levels of up to $,, over double its highest price in "But when I look out over the next months, what I see is a significant supply and demand imbalance at the current price levels..
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