Post
Topic
Board Speculation
Re: Bitcoin price 1800$
by
Wandika
on 17/05/2017, 15:22:49 UTC
It's a lot, do you think it will go up more?

there is only one thing that is making me nervous to be honest. and that is the ETF news, we all know it is useless news and it is not going to change anything for bitcoin but i am afraid the whales may take advantage of it's possible rejection and dump.

apart from that $1800 is not a lot, it is very cheap considering bitcoin potential. so it will surely go up even if it means going up in long term and dipping in short.

since it seems that there is no deadline for an appeal decision, I think we won't hear any news for a long time, considering the first ETF decision took 3 years to be made.

Also $1800 is there and a certain triangle has been broken upwards, so the perspectives for the future are good, if we keep this price for a little longer

Bitcoin ETF is not the only factor that responsible for the price inflation of BTC. I think the price inflation is the result of world wide hacking with the use of ransomware virus. That issue really draws many investor/people to buy BTC since it was very intriguing.