Bitcoin towards to $8000, whether the exact reasons why bitcoin prices rise so fast?
What to do now, sell or keep hodling?
Most of us doesnt even care what are the reason why the price of bitcoin suddenly skyrocket, all that we care is that its price is continuing to go up.
I suggest that you keep holding your bitcoin and who knows it might reach $10k by the end of the year.
We are almost there. As for the reason, it all comes down to supply and demand. After last threat to bitcoin is over now, people who were scared before buy bitcoin again now. I am pretty confident we are going to reach 10k before the end of the year as it is quite clear bitcoin is nowadays the number 1 asset which gives you security and returns. You can invest in alts for higher and faster profit, but you wont have the same degree of security as with bitcoin. And bitcoin is already giving very high returns. Returns even higher than that mean more volatility and insecurity.
It has already reached that price mate, it touched it a few minutes ago if i am not wrong, i just saw it on this forum because i was not looking at the charts by that time.
but we are going to see it soon, there is no hurry about that because we all know that sooner or later the price will be at $8000 again, so there is nothing to be worried about.
but how much is going to be the next all time high? maybe $8500? $9000? it is so unpredictable, i dont even know what to expect from this crazy market.
It hasn't done so in coinmarket cap (yet). Maybe in some particular exchange it has.