Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???
If I am to speculate the spike for this year, we might be looking at roughly $6000 because I dont see BTC spiking to that amount this year again since the halving of BTC will not occur until next year.
The increase that will be experience this year will just be the normal market doing fine as a result of more users coming into the system but practically, bull run , I dont see it any time soon, what happened in 2017 was abnormal and that was why it corrected itself, the price was too high that if it had continued, poor people would have become poorer while rich people become richer because talking about BTC investment, it is only a very reach man than can invest and but over a thousand btc at once.
That's true, I think it's hard for average people to aim for that kind of amount to invest in. We seen more spikes on the price, and as per observations it was just an attempt of bigger whales. Unfortunately it went down badly after group of small investors dumped their asset back. It showed and confirmed only small investors working on buy and sell trading and not totally the biggest on took a place for that increase of the price. I just hope those whales will soon initiate a much better price pumps so that we will see bitcoin again to arise that high.