Quote from: DreamStage on May 16, 2019, 12:39:29 AM

Quote from: rosezionjohn on May 15, 2019, 04:16:10 AM

The way I see it, it's going to move up again in a day or two. There are some circulating news about ebay accepting bitcoin and also about bakkt. Maybe we'll see another $1K increase by the end of the week.

I agree with this and according with Microsoft and Amazon: They are building more shops that will actively be using Bitcoin as one of their cryptocurrency payment systems.
Just as they announced the price got a huge bump and we are seeing some reflections on how people and new investors react to such awesome news.
Now that ebay has come to a newer place and has a big community, i am sure more and more investors will start on Bitcoin thus make the price bull run again.

I think that the good news spreading out has a positive effect on bitcoin's price increasing trend recently. If many shops that will be rising up and promote bitcoin as their new way of transactions on basic services they had, that will be a bigger impact to digital currency economy drive. Price will be stabilized at higher value and bitcoin will not be moving all alone but also for the alt to have sustainable and profitable value in the future. We will not only see $8k to remain to that level, because greater potential of making that price twice or more when bull run strikes.