Quote from: Bonheur on May 29, 2019, 10:59:48 AM

I am happy for btc but honestly I don't see a logical reason for this sudden rise. Therefore I fear there might be a sudden drop so I am just waiting for now.

No logical reason? Seriously? Do you even bother to read the news regularly? A string of positive news like Bakkt team providing an update, Fidelity helping institutional investors enter the market, more and more companies like Starbucks etc adopting BTC, the US-China trade war etc are sufficient reasons to justify the rise.

More and more positive news continues to pour in with time which is why this is not some kind of inorganic surge which could erupt at any moment. BTC will probably continue rising for the rest of the year and might touch $13k by the end of the year. Also, negative news like the Binance hack did not faze it too much proving how resilient it has become with time.