I couldn't imagine the price will touch at $1,800 plus I was wrong with my speculation past few days .. that the price can be stay at $1,700.
Do you think guys the price of bitcoin today is overvalued?
Or this is just because the price was rise because of the good news about legalized bitcoin in japan country?
I just recall what people did in early 2013. So, no surprises on you were being wrong with your speculations.
I am 100% sure bitcoin in not overvalued as exchanges are witnessing enough volume to support these rapid surges. I guess we are heading toward $10k levels before end of this year and when considering $10k levels this $1800 does not seem obviously overpriced.
Japan's legalization is just a trigger and new investors from around the globe must be the reason. In my view it is highly expected one. When new investments rushing into bitcoins and new ATH will keep on convincing people to get into bitcoins.