The idea behind the recent up and down Bitcoin prices

in bitcoin •  7 years ago  (edited)

During the last few days,we have seen adramatic increase in Bitcoin price but it has been of no matter of the recent fuds behind bitcoin where the Chinese goverment burning bitcoin exchanges operations from the country
This affected bitcoin price by causing abig fall to 3800$ mark,
After a small recovery,there came another FUD caused by famous Banker Jamie Dimon which also caused another huge fall causing alot of panick among all bitcoin traders,Bitcoin holders and the whole crypto market at larger ,
Later on,the Bitcoin price gained momentum after the announcement of the Bitcoin fork coming this October,
This huge demand has been estimated to be due to huge expectation of new altcoin Bitcoin Gold which will be rewarded to all Bitcoin holders as airdrop
The price is expected to reach 10$K value in about ayear to come,
The popular Bitcoiners estimates,
What do you think is the Bitcoin price in the next two years?
Would like to know your view in the comments below

bitcoin prices recent fud
7 years ago by

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