Any theories on what caused the sudden spike in price? Do you think the price will hold over the next few weeks? Any speculations for the future?
Big day for BTC, I remember reading threads in 2015 about how "one day BTC will be over 5k USD"... today's that day
Unless another event like the issue of the China banning bitcoin from there country, I think bitcoin will continue to grow up though not necessarily rise up quickly, it may go down a little but the growth rate will be much greater. This is because they are holding bitcoins and this causes the price to go up since the supply or the number of bitcoin will be hold up o every users who wish. Then as the price goes up more and more people will be encouraged to hold bitcoin. Thus, continuing the growth of bitcoin.