Post
Topic
Board Bitcoin Discussion
Re: The Rise of Bitcoin
by
celot
on 02/08/2020, 02:40:54 UTC
We can see the new surge of bitcoin in crypto market . It exceed $10K  again and I believe many are earning now especially those with holding during the downtrend of bitcoin. But,to what extent bitcoin will raise more today?
Do you think ,what happened last 2018 will happen again this coming months?
What are the reason behind the rise of bitcoin?

Edit: Sorry for putting a wrong number on the value of bitcoin, I didn't mean it. It is just above $10K and not $500K.
       I wrote this topic just for discussion in order to know the opinion and knowledge of everyone.

OMG !!!   BitCoin is going up like crazy !!!   The market is smelling something bad in the financial system, and that is show up as a rise in the price of BitCoin.

BitCoin could continue to go up in the near future, depending on how bad risks get in The US dollar etc.

Long term could be a very different story....

Hard Facts
Last moment bitcoin could raise above $12k and we waiting what higher price could touch by bitcoin right now, will cross higher price like 2017 or keep going down and break out, still get many time to invest and hold bitcoin right now until price back to higher. Always have possibility for bitcoin take place on good or bad price.