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Topic: [2017-08-24] Bitcoin price rises again above $4,000 - but will it hit a new rec. (Read 2962 times)

sr. member
Activity: 490
Merit: 250
i thinks can posible but remember bitcoin price always down in last years " black december"  Roll Eyes
sr. member
Activity: 322
Merit: 253
It is now stucked between 4100$-4200$. But the probability that it will be on 5000$ dollar this end of the year are high. So on to next year, I've been thinking about its peak that will be on 2018 at 10000$ and that can't be hard to be as bitcoin users and investors are increasingl its number rapidly. That's why the demand of bitcoin is on top.
hero member
Activity: 1400
Merit: 536
It fell visibly on Tuesday, but the negative impact of the segwit debate seemed to have disintegrated, Bitcoin came out on 1 August, and Bitcoin succeeded in the segwit debate.
legendary
Activity: 2170
Merit: 1427
Everybody expected new long way fall indeed, "bulls are tired" as someone has said. But the price came back on the level over 4000$. Looks like bulls didn't need so many time for rest Cheesy I don't know will this raise is going to be continued for the new record, but I'm sure we will not need to wait too long till the new record is going to be broken up.

Not sure how close you have been monitoring the market lately, but this increase back to above the $4200 level isn't anything special. It's just the regular dose of volatility that this market from time to time experiences - a correction is due because the market is, simply said, overbought. Segwit activation is/was the only reason for the price to go up this high, and as the Segwit activation will kick in tomorrow (when the difficulty will adjust itself), we'll likely going to see the market take a dive back to the $3000-$3300 range, before we go back up again.
hero member
Activity: 588
Merit: 500
Everybody expected new long way fall indeed, "bulls are tired" as someone has said. But the price came back on the level over 4000$. Looks like bulls didn't need so many time for rest Cheesy I don't know will this raise is going to be continued for the new record, but I'm sure we will not need to wait too long till the new record is going to be broken up.
copper member
Activity: 658
Merit: 284
Bitcoin price rises again above $4,000 - but will it hit a new all-time high?

Bitcoin’s value has once again risen above $4,000 per coin - but will we see the bubble burst any time soon?

The price of the virtual currency, which hit a record high of $4,500 (£3,492) last week, has jumped up to $4,276 to recover from yesterday’s seven-day low.

Bitcoin’s value has soared over the past 12 months, with its record-breaking rally coming after its recent split into two separate cryptocurrencies.

But what next for the volatile cryptocurrency? Analysts remain divided about what we can expect over the next few months.



Sources: http://www.telegraph.co.uk/technology/2017/08/23/bitcoin-price-rises-4000-will-hit-new-all-time-high/

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