Well I hope it's the start of another run, but I'm getting too cynical these days. Just can't see it ever getting to where it once was. I'm always apprehensive though when the value rockets without much explanations as to why.
Shotted from 6000$ range to 7500$ in few hours after Bloomberg announced that BlackRock is looking to invest in cryptocurrencies
And their CEO has denied that. I doubt the spike has anything to do with that, but if it did it'll probably just fall an as fast as it rose once the 'news' tuns out to be fake.
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Today: OMG why is bitcoin rising

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Tomorrow: OMG Why is bitcoin falling

Yes I think bitcoin will start to fly now..
Why?