The bitcoin is approaching its $5,000 ceiling
The main cryptocurrencies coins trading in Blockchain rose sharply on Thursday. In the case of bitcoin, it peaked at $4,703 per unit and is near its psychological ceiling of $5,000.
The most popular cryptomoney on the net went from $1,845 to its current price in just 45 days. Analysts expect that far from a bubble, the rising trend of digital money will persist in the coming weeks.
In addition, cryptomoney is becoming an investment alternative for a larger public, as volatility in traditional markets and uncertainty over tensions between the U. S. and North Korea have triggered it as a refuge that surpasses attractive instruments such as gold.
Great. Thanks for sharing. I vote for you and begin to follow you. And Resteemed...
Thank you @defreca I appreciate your vote :D
I think that at some point it may well rise above 5k, but it will be interesting to see what will happen when it hits the mark. Having moved a modest sum out of BC recently, I won't be buying until reactions settle after touching the line.
Is the best thing to do, as after 5k there will probably be a price correction. We have to wait and see what happens.
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.
Resteemed your article. This article was resteemed because you are part of the New Steemians project. You can learn more about it here: https://steemit.com/introduceyourself/@gaman/new-steemians-project-launch