More people are now investing into bitcoin that is the reason why the price went up that fast in the past days. Maybe right now we are just experiencing some correction that is why the price is hovering in the $13,000 level but I still expect for the price to go beyond $18,000 before the year ends.
Yes, It is just another correction, nothing else. Bitcoin is just getting ready for its next target which is not 18,000 dollars rather 20,000 dollars. I am pretty sure that this coin is going to reach this value by the end of December easily. I think there is no issues in waiting for bitcoin to recover its previous value. This is nothing new for the bitcoin investors to have some light dump before a drastic pump.
Who would not really prefer the idea of saving their funds in their wallet which serves as their bank and then the value increasing every time to the point that there seems to be a non-stop growth tagged on it ?
Bitcoin is gaining a lot of recognition; investors are stepping in daily to be a part of something big and to be a part of the future. As the demand keeps increasing, we will definitely keep seeing huge spikes in price like this happening.