Post
Topic
Board Bitcoin Discussion
Re: The Rise of Bitcoin
by
Twentyonepaylots
on 30/07/2020, 14:03:29 UTC
But,to what extent bitcoin will raise more today?

if the price manages to stay above $10500 for a long time then will be ready to go try to break $ 13000 and remembering that the last time the price reached $13000 was a long time ago
Yeah I agree, just like what it did in $9K level, it breaks above and so it will be staying again for a quite some time in $10K BUT we aren't sure about this, it might decline a couple days from now or rise til $13K, technical analysis won't work, this is what I like in bitcoin, it gets exciting when it is moving.

Do you think ,what happened last 2018 will happen again this coming months?

definitely not

We cannot know but most of the prediction this may happen but it will climb very slow.

From the article, what I think the reason of the surge is the first one " Banks Stacking due to changes in custody rules ", dollar is weakening and so they need some haven and they believe on bitcoin. Good thing isn't it?