Here’s one milestone that might still be in reach before the ball drops on New Year’s Eve: Bitcoin is within reach of the closely watched $1,000 level.

A single Bitcoin BTCUSD, +1.66% fetched as much as $975.06 on Thursday, according to pricing data from Coin Market Cap.

While some observers have already written obituaries for the cryptocurrency, investors have been impressed by its resilience, pondering whether it could even challenge its all-time high above $1,200 in 2017.