At this point I don't think such things work anymore in current time. It's safe to say that the market has a major incentive to accumulate even more Bitcoins with the SegWit2x hard fork coming closer.
In other words, regardless of what news we see come through, the market will go up anyway in the very short term. That being said, there isn't much special about reaching another all time high when it happens so frequently.
There is just one way at the moment, and that's up, so we'll be breaking through more highs in the coming weeks.
Topic: [2017-10-31]Bitcoin Hits New ATH as CME Group Announces Futures Trading (Read 1745 times)
October 31, 2017, 11:44:28 AM
October 31, 2017, 10:54:02 AM
Quote
Bitcoin has hit new all-time price highs on its ninth birthday today as CME Group announces futures trading. Investors still celebrating the weekend’s record-breaking $6,300 have little to fear this Halloween as renewed momentum coming from CME takes Bitcoin within reach of new heights.
The move appeared broadly expected Tuesday even without the news, analyst Tone Vays and investor Max Keiser both predicting imminent peaks. According to data from Bitcointicker, Bitcoin advanced 2.1 percent in the 24 hours to press time to hit $6,300.
Source is here...
The whole Bitcoin market right now is alive and pulsating with enormous energy as Bitcoin is surging high beyond $6,300 as we now officially enter the month of November. We are all hoping that as we are about to burn the next two months of 2017, Bitcoin will be gathering all the needed inertia for much better run in 2018. I am personally expecting that 2018 can be a big banner year for Bitcoin when we can see new markets being opened and more and more adoption from the mainstream market. And maybe we would not hear about Jamie Dimon anymore as he is already one of the many who are also investing his money in Bitcoin.
Welcome to the surge! To the moon!
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