Quote from: FrankNoland on October 09, 2017, 06:02:43 AM

Quote from: omonuyak on October 08, 2017, 09:02:27 PM

I have seeing a very strong buying signal across most of the exchangers platforms and I think $5000 is already at hand. Currently bitcoin's price is at $4607 and if we get another serious push again we may break the resistance at$4950 area. I have also See MACD and relatively strength index showing a very strong bullish momentum.

I will have to agree with your speculations, they are accurate and might be true. However, I think end of the week for that value is too soon, say end of this months.

Looking at the current value of bitcoin I must say that it has the potential of reaching $5000 probably by the end of this month. We should try and understand that the value of bitcoin doesn't take time to recover and the same applies to when crashing. In my opinion, I think that bitcoin will soon begin reaching new all time highs.

With some recent news about countries adopting bitcoin and even schools accepting bitcoin, it gives positive feedback for bitcoin and it serves as a good ad for the coin. A lot of businessmen gave some bad comments last week but in turns out a their are more who wants take of the bitcoin currency. In some perspective, bitcoin can be used in illegal means but more and more news are positive about the bitcoin.