after looks the price strong at 400$ because we already stay 3 weeks at these level now i'm so confident price will going to 500$.
actually the prices stuck at $400-$420 since several weeks ago also looks like prices movement seems pretty slow
and i'm doubt that we will see bitcoin prices reach to $500 till next month
I also don't think $500 will be reached soon, most of the Bitcoins are now being traded for Ethereum, there's were the
quick profit is being made now. As soon as Ethereum crashes, everybody will jump back on the Bitcoin train and prices
will go up again
most of the bitcoins are being traded for ethereum? don't think so. ethereum is being pumped with the same amount of bitcoins since the very beginning. the higher the price is, the more bitcoins are showing up in the buy side of the order book. these coins were already in the pockets of the guys behind the pump. the only difference is that these whales are seeing their coin count increase each day due to greedy people buying into the peak making the whales even richer.