Bitcoin price broken USD 8,000 for the first time since March after rising by more THAN USD 1000. it is great. If it is sustain here, sure it will rock.
Unfortunately until today, this price did not live. Do you think BTC will reach this mark again? I believe that this probability is high, not even 8000 but even more. We will observe and look forward to this moment!
Thank you sir for this post and I strongly believe that I am encouraged as a cryptocurrencies enthusiast this morning. Bitcoin is going to recover no doubt and the current price is not going to last for long as it has happened in other assets before the advent of cryptocurrencies and blockchain technology. In 2011 when bitcoin was not up to $1 people and speculators were speculating that bitcoin is overvalued and today bitcoin is above $3500 and we are saying it is undervalued, it is dead and bitcoin will not rise again! This is surprised to me on how people understand this market.