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#bitcoin continues ascent

Bitcoin continues to climb in price as many investors are realizing that the Bitcoin is still the top rated coin, and with a scarce supply, there is no telling how high the price will go. Investors who pegged BTC at $10,000 by December, 2017 where proven correct, as well as surprised that external indicators such as an increasing commercial interest in the coin has spurred it to new heights. New precdictions have the coin set to reach $20,000 USD by the end of December, and possibly close to $50,000 as early as March when the Nasdaq introduces new Bitcoin investment options.

There is also an increase in average daily transaction by about 100,000 transaction over the 3-month trending average, indicating that the use of Bitcoin is also on the rise, and not only being used a value storage unit.

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