I have gathered informations about bitcoin that might interest you and whats going on in the other side of the market
Lets see.
The bitcoin price is now up by approximately eight percent since the beginning of the week. At press time, the currency is trading for over $8,800, and $9,000 by Monday seems like a done deal granted bitcoin can keep up its current momentum.
Frank Cappelleri executive director of institutional equities at Nomura Instinet predicts that the currency is slated to go much higher, and will likely strike $9,173 in the coming days.
In addition, over 60 percent of analysts according to a poll conducted by Tom Lee feel that bitcoin could break $12,000 by the time summer rolls along.
Large hedge funds have entered with deep pockets and strong hands, says John Spallanzani, a portfolio manager at Miller Value Partners. All positive signs.
With all of these positive signs we can expect a good market gesture in the coming days.
And yet mining is once again looking profitable!
I believe that these green days are very close. Bitcoin is currently 9280.66 US Dollars already and I think it will continue to grow for the rest the year. It is already recovering from the previous drops so I believe that we are gaining a lot this year. I hope that more people will start their investments so we can all earn more income and make bitcoin more common in the market.