Bitcoin clocked six-day highs above $9,000 over the weekend, but a long-term bull market revival may not be on the cards, yet. Having clocked a high of $9,070.64 on Saturday, prices again fell back below $8,000 briefly on Sunday before climbing again. CoinDesks's Bitcoin Price Index (BPI) was last seen at $8,772. The cryptocurrency has appreciated by 9.70 percent in the last 24 hours, as per data source CoinMarketCap. Bitcoin (BTC) is also close to 40 percent above last week's low of $5,947.40. So has the cryptocurrency bottomed out?
just calm down, bitcoin will never fade or go bitcoin will continue to rise and become a very expensive coin because basically bitcoin has a very high demand.
We are even yet to see any high demand, all we have now are the believers and some set of people who want to get rich rolling in. Let's wait until the real use cases of bitcoin starts and then we start seeing how things will end up turning out. So far, there is a great hope in the atmosphere and the optimism that bitcoin is turning out great, so this is more a time or value we may or can never see again.