Quote from: Francis Freeman on Today at 07:04:48 AM

Quote from: meanwords on Today at 06:35:29 AM

Quote from: Qcrypto on October 22, 2020, 03:12:21 PM

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.

Bitcoin price increasing this week shows us how strong the bitcoin and the price will rise more than now.
I am sure the price will not just stop at that price, but it will break every barrier, and the price will make a new ATH.
Although we don't know when the new ATH will happen, we could still follow bitcoin's journey, and we can profit from every increase in the price.
I think we will see another good news in the future that can lift the price to the high price, so people out there will see that bitcoin is not a scam, and bitcoin can help people to make money.
But it seems, the price doesn't directly increase and break $13k again because the price now held not to grow. Maybe the price waits for another good time to rise.
So while bitcoin price needs more time, we can take a break for a while and enjoy our profit.