Today I just woke up and got shocked when I saw the price of Bitcoin crossed $5K mark. Look at the CoinDesk Bitcoin Price Index . Bitcoin price hit a new all time high of $5,013.91 at 02:25 UTC. Coindesk's market data points to Chinese bitcoin exchange OKCoin BPI in showing that at OKcoin exchange Bitcoin price hits $5,149.
About 2 years ago I predicted that in 2017 Bitcoin may hit $5000, because of halving effect and if find any blocksize scaling solution. That time Bitcoin was traded around $250. So, people called me crazy. Now, I'm totally satisfied. I believe on Bitcoin, so, I additionally bought 1K BTC. I think the fuel of this bullish trend is not only SegWit activation, but, also the low supply of Bitcoin (slow effect of 2nd Halving). Besides, the demands of Bitcoin are increasing dramatically day by day. However, price is now slightly dropped because of some investors and traders sold a handsome volume to take profits. But, overall market sentiment is Bullish. I suggest everyone to buy at least 1 Bitcoin and keep it for 5 years, then undoubtedly it'll be proved in the future that you do not make any wrong decision. It'll be a very good investment - it's guaranteed.
Good Luck Bitcoiners :D
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