As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
Well we certainly hope that with widespread payments application appeal and widespread adoption as an asset to be held on corporate balance sheets and retirement & investment ETF fund inflows from both institutional and individuals would drive the price up as time goes on. Because bitcoin is so limited and there is just not enough to go around the buying spree will eventually slow down and the price will just continue to go up and up and up and up and up and up and uppppp......