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RE: The bitcoin is approaching its $5,000 ceiling
I think we will continue higher then 5000. Even tho we have had some hard gains in a short time and it feels like its time for correction I have a strong feeling that the next impulse of new comers are still flooding in, and big investors are still pouring in, and theres been alot of exciting new platforms that are coming out that has peoples attention that gives cryptoworld even more real world uses then it did befor. The only thing that might be a draw back is the increase pressure from governments trying to take a stand. Looking at the big picture, even the impressive gain as of recent is still a drop in a bucket. I expect if it pulls back it will be a very short pullback. To much Buzz going on
If colleague may also continue to rise beyond the 5k because of the conflicts between the US and North Korea. So people are buying bitcoins as digital gold to back up a possible fall in the dollar.
lol yea, kinda silly if you ask me.. but its the world we live in I guess... As if our paper dollar really had a value to began with. The fed will just fire up the old printing press and fix it as always.