Quote from: Steadfast20 on May 18, 2019, 08:14:22 AM

Quote from: Zurcermozz on May 14, 2019, 02:49:54 AM

Right now Bitcoin is climbing up so fast, In the CMC Bitcoins' price is $7,875.26. Its a great news, Do you think it will be the same as what happened on 2017 ? What are your thoughts about it ?

Now the price has go down from around 8300 yesterday to around 7300-7400 right now. A correction has just began and I believe that this will take weeks before a major movement will occur, either going down or going up. Many are believing that the bull run has started including me. Lets just wait for the price of Bitcoin to rise.

The profit booking phase is ongoing right now and after that we require a few weeks for stabilization. Hopefully Bitcoin will move towards the 5 digit mark after that (probably by next month). The momentum can get disrupted in case we get negative news of any kind. Cryptopia closed down a few days back, and surprisingly it didn't had any impact on the prices. But the same can't be said about some of the bigger exchanges.