Bitcoin recently broke $10,000 for the first time ever — a remarkable run considering that the digital currency started 2017 below $1,000 and was worth pennies just seven years ago. However, many experts are predicting that there is still much more upside. In fact, two notable financial experts recently predicted that bitcoin will hit $1 million by 2020. That means it would be worth about 100 times its current value in just over two years’ time. Whether this happens remains to be seen, but here are the bull and bear cases for bitcoin. Image source: Getty Images. Bold predictions for bitcoin, after an already amazing run
Bitcoin has increased more than tenfold in 2017, and continues to rise rapidly and in a volatile manner. In fact, in the 24 hours before I wrote this, bitcoin smashed through the $10,000 price point for the first time, and $11,000 just hours later, before dropping sharply to about $9,900 — where it sits as I finish typing this sentence. Read more here…

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