Bitcoin Value Translucent Rp 97.8 Million.

in #bitcoin9 years ago


Unexpectedly, the value of virtual currency bitcoin penetrate 7000 US dollars in trade Thursday (2/11/2017) local time. In fact, bitcoin value has touched $ 7300 or about USD 97.8 million.
The strengthening of bitcoin values ​​significantly began the day before when the Chicago Merchantile Exchange (CME) announced a bitcoin futures offering plan.
This step could increase the number of institutional investors in the bitcoin market and of course boost the price higher.

Citing Fortune, Friday (03/11/2017), bitcoin had touched the value of 6,500 US dollars on Wednesday (1/11/2017) and finally penetrate 7,350 US dollars on Thursday. This strengthening is due to the traders in Asia already know the CME announcement.
"This is thanks to the rise of Asia," said Timothy Enneking, managing director of Crypto Asset Management.
However, then bitcoin value slightly fell to 6800 US dollars, or about Rp 91.1 million. The bitcoin price movement keeps the regulators afraid.
Investors are hoping the CME decision, which is still pending due to an aturam review, will increase the number of players in the market. Thus, the problem of volatility will be slightly resolved and liquidity will increase.
Nevertheless, the value of bitcoin is still considered to decrease before finally back up. Thomas Lee, managing partner of Fundstrat Global Advisors said this should be wary of investors.
"For the tactical mind, the bitcoin range could reach $ 5,500.In the long run, the value of bitcoin is predicted to reach 25,000 US dollars in 2022,"

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