The decline in the Bitcoin price brought with it fear, speculation and an opportunity for miners and investors alike.
The temporary and tiny Bitcoin price crash enticed new investors to come into the market while the price was down.
The Paypal announcement offers a quick return – it should be noted that the Bitcoin trading exchanges are not regulated and insider trading can easily occur.
All we know for sure is that large sums of Bitcoin were bought on open exchanges. It is entirely possible that whales seized this opportunity to eat into sell walls and cause the Bitcoin price to surge.
After Only one hours after the announcement it moving around $50 from $400 to $450 , Do you think in the end of the year it can reach $1000 ?
Topic: Thanks For paypal Announcement (Read 756 times)
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