Bitcoin price is Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.
I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.
The increase in bitcoin's price is not that too surprising at all. The price is expected to increase one way or another. Because of the last price drop, some people were given the great opportunity to buy more bitcoins. This may be the probable reason why we see these quick bounce back of Bitcoin. I believe that the price will decline again in these coming days before we approach August so buying then will be another great opportunity.
Yes price is going higher now and it is expected that it will crash again in coming days as we get closer to August 1st so I thinking waiting now would be the best decision and if price goes down by that time then that would be an great opportunity to buy more bitcoins at cheaper price.