BITCOIN MADNESS

1 st August, The cryptocurrency World had awake on a massive shock, Not the Fork split but how the BTC managed to pass The Three thousand Resistance Line for the First time ever.in the last months, BTC had been balanced between 3000$ & 2000 $ Lines but never went above the resistance Level. the rise was made by an average of 100 $ a Day, this amount is really height comparing to Bitcoin History Price rise rate. Yesterday, the price had witnessed a new 300 $ +, going from 4000$ to 4330$ in just 24H. Today, BTC has reached the 4400$, and it's just matter of time to start hitting up toward the new 5000$ resistance Line. So, What factors had led to this amount increase?

It's confirmed, the east Asian part has taken control in the cryptocurrency world slowly & it's up & clear that any move was taken by this side, Hugly & immediately affect the market. Since China become most BTC holder & South Korea as LTC holder, Japan has been Trying to take a part in the cake by creating a new business strategy to achieve that. A smart plan had been developing serval month, waiting for the right opportunity to unleash with full potential, that specific moment was the 1 August " The Fork". the market was so fragile & shaky base in people awareness and doubts making it ready to take massive price change. Some ones will tell you that holding your full plan on the Fork consequences is a major risk, as the most cap Holding of Bitcoin & Knowing Japan mentality, there's 0% risk taken, just highly well-thought master plan.

in the following factors, we will enlighten what really led to this huge price increase:

• 1/ The similar Bussines air has encouraged China & South Korean investor to proceed in the Japan market by a benefit from 0% fee trading.

• 2/ A lot of Japan merchants ( Stores, Major Hotels, Air-plains Companies) accept Bitcoin as a payment method.

• 3/ Actually, Japan turns to the largest BTC Exchange market in the World.

• 4/ The biggest Japan millionaire had launched BTC business as well creating their own Trading Platform.

• 5/ The South Korean Exchange Market as Third large one had affected the neighbor Japan markets.

• 6/ Japan become one of the few countries legalizing Bitcoin as currency.

• 7/ The Japan government can no longer ignore the huge growth in BTC industry.

Those Factor had led to a rapid growth rate in two weeks, Making the Japan Exchange Market as largest in the world overtaking the US & Chinese ones comparing to daily trading volume & the second BTC market behind the US.

is it still worth to invest?

The answer is simple: YES. After seeing BTC market cap approaching Paypal market cap ( BTC 68 BLN/ PYL 70BLN, the World Digilt payment system leader, it's just matter of time to become the ultimate Digital payment method along to LTC due to a lot of reasons. Even if BTC collapse losing 75% value, it will remain above the 1000$, so there's no fear investing in Bitcoin in the main time as BTC chasing the new 5000$ resistance level goal ( 500$ + guaranteed).

@anahowa210

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