Two weeks ago btc was around 640$, yesterday I checked and it was 705$ and today it's 720$.. It jumped up for 80$ in period of just a couple of weeks. What are your thoughts? Will it continue to rise like this, at what point will it stop going up and whats the cause of the sudden price jump
Not only you have the question regarding with these thing but most bitcoin users ask the same thing too regarding on the sudden price increase of bitcoin on past few weeks. No one really knows but theres news that chinese are accumulating large amounts of bitcoins thats surely affected the bitcoins price.