China VS USA on the Bitcoin Prices Volatility

in #china7 years ago

Having closely followed an attempt by Chinese government to regulate China based iCOs and it's attendant influence on the price of bitcoin, the sharp price of bitcoin within the period of Chinese announcement immediately agitated the minds of all crypto dealers across the globe.

However, the wales, presumably from the US and other strong economies, who still see the future in bitcoins coins, took it upon them as a challenge.

Now, the prices of bitcoins has been hovering around $3500 and $3900. Which is quite encouraging. The argument from cryto analysts remains the fact that, their forecast the price of bitcoin will hit an ATH of $12,000 by June, 2018 remains very potent, hence the need to grab this golden opportunity and invest in bitcoins now or never.

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