Post
Topic
Board Speculation
Re: New All-Time High at $7,598
by
Siren
on 05/11/2017, 22:05:12 UTC
Once again, and in less than 2 week the bitcoin price has achieved a new  high price and break  $7,500 range  on November 5 first time all-time, with out  add positive positive effect of new fork .

Demand In Japan and South Korea (the popularity of offline exchanges of Bithumb and Coinone ) exponential increase  .

So Why is the Market So Optimistic?

I think the anticipation of Segwit2x what really droves the market to this new ATH. Just like what we see on Aug. 1 fork. And then there are new investors who don't wan to miss the making profits (FOMO).  I haven't checked the price in Zimbabwe and India which has premium price as well, way above the current market price of Asia and Western exchanges. Until we see the segwit2x actual implementation, I think we are going to see this bullish market run as fast as it can.