$13,200: Bitcoin Price Defies All Expectations… Again

in #bitcoin7 years ago

725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy80ODFiNjE1YWU2Njk4MmIzYjE5MWY4YWYyN2MzMDJjMi5qcGc=.jpg

he Bitcoin price is continuing on its unparalleled trajectory higher as Wednesday’s new all-time highs reach $13,200.

According to average exchange data from Coinmarketcap, Bitcoin was trading just under $13,000 at press time, having corrected after breaking the barrier for the first time.

A new record has become an almost daily occurrence for Bitcoin over the past week, with prices exploding 50 percent from $9,000 just days ago.

0f1ff4e688f8e3bb736c8dc32f4c53d6.png

Cointelegraph reported yesterday as prices passed $12,000 that the imminent onset of regulated futures trading was a major driving factor for incoming investment.

As prices continue to grow, however, many are now beginning to ask when the historic bull run will slow - or reverse.

Tweeting his forecast Tuesday, Max Keiser, the commentator famous for his Bitcoin and Dash advocacy, said he imagined $15,000 would the limit at which markets would take stock.

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.029
BTC 64259.11
ETH 3172.90
USDT 1.00
SBD 2.56