Bitcoin is now officially bouncing back! After such a bloodbath that occurred right after Bitcoin has almost won over the $5,000 wall and triggered further by the China ICO ban effect, we can now see and see that Bitcoin is already back for good...and it is about to get over the $4,500 hurdle (again!).
As I am writing this thread, Bitcoin is hovering over the $4,400 range and I am hoping that tomorrow or the day after it can be able to ditched the $4,500 psychological barrier.
Slowly, we are hearing less of the many prophets of doom and gloom and I am expecting that soon we can instead be hearing more of press releases coming from the other side of the isle: the prophets of boom!
Do you think we can be able to be back at $4,900 within this week?
That is very possible and its just a matter of weeks and we are going to see soon the 5000$ value of bitcoin. We just need to wait for some time and by the end of September I guess we can see the smiling face of 5000$ value of bitcoin. The expectation on bitcoin by users is very high as they expect it to reach by 10k $ by the end of this year and I hope that will occur.