Post
Topic
Board Bitcoin Discussion
Re: Bitcoin broke $13k today
by
Francis Freeman
on 23/10/2020, 07:04:48 UTC
Will is stay above $13k this time?

The price is already dropping so I think it won't stay that much and will probably settle around $12,000 which is still nice. But who knows, we might reach $14,000 this year. I think Paypal really did gave a significant impact on the price of Bitcoin because it gave more option for people to buy cryptocurrency. Not only that, there's just so many articles being written right now that is hyping Bitcoin. Even billionaires are making statements about Bitcoin in a positive way. Just google search Bitcoin news and you'll see a bunch of FOMO articles around.

The 13000 hit was a great sight for the bull market. Definitely looks like the PayPal news has lifted the entire markets sentiment. It wouldn't be that bad if we consolidated around 12k to 12.2 k for next fortnite before we got the next leg up.