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RE: Quo Vadis Bitcoin, Where are you sailing? - Thoughts of a Greenhorn

in #bitcoin7 years ago

In spite of more and more detractors, Bitcoin continues its frantic race to new heights. After a week rich in emotions, a new $ 8,100 ATH was reached this Sunday.

The little beast that goes up ...

Between Wednesday and Sunday last week, the price of bitcoin fell sharply from $ 7,700 to under $ 6,000. Since then, we have witnessed a rise that becomes usual. We had been waiting for a while to see the price exceed $ 8,000, and the week proved us right.

So this Sunday, Bitcoin reached a new ATH placed at $ 8,100. This is a gain of more than 30% in 7 days, a common lot for Bitcoin. Its capitalization now exceeds $ 134 billion (for the prospect, it is double the total capitalization of Airbus)

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Yeah it fell sharp again today but could recover soon. Especially those fast returns make we a little optimistic for the near future.

Just wondering if the tether news will have a big effect on the long run