The price rise seems to some degree detached from all of the above mentioned concerns. Also it
gets more and more complicated to relate to its price on any level. Before the actual rates the market
had the ounce of gold to compare Bitcoin to but now an ounce of gold sits at 1289$ which equals
1/3 of the one of Bitcoins today. As to what the reason behind that is I can only assume. What is
definitely about to happen is that there is a correction about to happen in the near future. Already
the market has seen a pullback since yesterday. Bitcoin now still trades for 3950$ but is 250$ away
from its ATH of the early morning of the 13th of August 2017. Writing about these highnessess is incredible after all and very hard to get accustomed to.
WAKE UP LET`S SEE AND WOW?!
As I woke up and checked Coinmarketcap.com I noticed that by looking at a 3950$ BITCOIN
already missed the train because then already Bitcoin went overboardingly to 4208$ which marks a
new record high in its history. Surpassing the overall expectation at this point in time.
Business insider and strong Bitcoin promoter like Max Keiser predicted to reach 5k within the next month but with Bitcoin just now walking through new records
like there are no fundamentals, no market, not to win over or convince the majority of the
population.
As of always thank you for reading, commenting and resteeming my content and stay CRYPTUNED!!
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