The world largest digital currency by market capitalisation has risen as much as $7815.03.At this level, bitcoin has returned more than 700% year-to-date.
But what if it is bad, on the contrary people are already in euphoria. And even now it is not clear where it will go further up, although it will already fall or even fall.
it's worried whether the price will continue to rise hit at $ 10,000 more or it will just go down and only temporarily. Prices may change at any time
Even if the price goes down, it will be just temporary and no need to worried here. Its just how the market works if you still haven't noticed it. There are a lot of price correction, I mean healthy one. Around 10-15% is a good correction for me. Because after, the price will consolidate and will increase again and can go even further as its previous high. Right now the price is above $8200 and I don't see it stopping anytime soon. Everyone is very ecstatic about this continuing upsurge of the price and all of us are hoping that it can go to $10,000. The question here is when are we going to see it? Are you going to touch it in 2017 and end the year with a bang, or are we going to see it early 2018?
And it is just but normal for prices to go down. This is given in investing related issues. So that the money would go around and will not just under one name. Their are still many updates ahead and i too would believe that bitcoin will achieve at least 9k after this year. It is not just the fork but also countries adopting bitcoin. I would also want our country to have some legal means on bitcoin.