RE: Mass speculation: Is this Bitcoins Assault to $10,000?

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Mass speculation: Is this Bitcoins Assault to $10,000?

in bitcoin •  7 years ago 

But US count only for 24%-25% of the investments in cryptos... the big player is Asia... even with the Dollar taking a bath $10k is still a 2.5x jump, which is not a small one even in the crypto space... considering the months left to the end of the year BTC must keep the same growth since beginning of 2017, not saying it is not possible, but I just don't think there is enough firepower to actually make that jump in such a short period...

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yes 2.5 times jump is pretty steep, considering its over $4k at the moment. Certainly the Asian market is the main player, and I think when a major shift occurs in currency's the BRICS will become the dominant holder, probably with China and Russia using Gold to back their currency's.