Re: Bitcoin recovering ?

Do you think bitcoin is going to reach june rates soon ?

I don't remember how much It was back in June but Bitcoin is increasing slowly with stability (that's what we need at the moment instead of a pump-dump) and with the halving that happened in last July , It should be just a matter of time till It reach 1000$ , If not more.

I guess this is true . Bitcoin is now slowly recovering to its low price. It is now develop and have its price higher and increasing as time goes by .

No Bitcoin is not able to recover from a very long time.Its price is still below $ 7000.There can be several factors behind this like the forces of demand and supply.When the demand is more the price will rise and when the demand falls the price will also fall and this is only happen with Bitcoin.People are also not investing in Bitcoin because of the fall in price and this related to more decrease in price of Bitcoin.Countries are also banning bitcoin due to its decentralised nature.