Bitcoin Breaks $10,000 Barrier and Surges Towards 11k

Bitcoin's move from $9,000 to breaking the $10,000 barrier has been swift, and led to an immediate surge to just shy of 11k. After a slight dip from that point, BTC is now consolidating around $10,700.

If what happened from here in 2017 is anything to go by, then the stage seems set for a monster bull run to a new Bitcoin all time high. The difference being that this time the fundamentals of BTC, and infrastructure built around it, have advanced significantly. Throw into the mix, the announcement of Facebook's crypto project, Libra, and it appears that the perfect storm is brewing for the original cryptocurrency, Bitcoin, to go where it has never gone before.

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