Markets Update: First of the Month Sees Bitcoin Skyrocket to $6900+

in bitcoin •  7 years ago 

The price of bitcoin continues to drive higher as the decentralized currency’s value has reached a high once again this week, touching $6,915 per BTC on November 1.
According to the spot value across some of the world’s popular exchanges, bitcoin has reached an average of 6,915 on the first of the present month. Currently, the price is hovering just above 6,800 after some sell-off. The digital asset has been relentless all year long, seeing $500-1,000 increases with ease and sometimes in a day...

Full article here: https://news.bitcoin.com/markets-update-first-of-the-month-sees-bitcoin-skyrocket-to-6900/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

How long do you think it will be before $7k BTC feels cheap? I am trying to stay grounded by recalling when BTC his $3500 ATH. It felt so high! Anyways, thanks for the post.

it can go to 7 000 by the end of this year

Year? Hour! Lol. If BTC recovers from its next crash by end of December '17, I wouldn't be surprised to see $8000 this year and $10000 in January. (Obviously not a prediction so much as a continuation of current patterns.)

Lol I meant $10 000