Bitcoin Price Surpasses $4,800 Milestone... Momentum Shifts Into a Higher GearsteemCreated with Sketch.

in cryptocurrency •  7 years ago 

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No one can deny the Bitcoin price is going through yet another massive uptrend right now. Although this kind of momentum has been going for several days now,m we have reached yet another new all-time high.

Earlier today, the Bitcoin price smashes through the $4,800 mark, although it has retraced ever so slightly since that time.

Right now, one Bitcoin is valued at $4,782, which is still more than fair. All of this growth is quite unprecedented and may eventually push the price to $5,000 later this month.

Everyone who still thinks Bitcoin will go away anytime soon will be sorely disappointed when looking at the Bitcoin price right now. More specifically, the Bitcoin price is well underway to reach the $5,000 mark sooner rather than later.

A lot of people assumed that price point would not be reached before 2019 but things have certainly headed in the right direction as of late.

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Great. Thanks for sharing. I'm starting to follow you.

Thanks @capari

Yup! I am guessing we won't actually break $5000 yet though. Normally everybody thinks they are smarter than everybody else, so they will unanimously decide to sell just before $5000 in the hopes of selling off before the rest. But of course the rest thinks the same. This happened before too, when we were about to touch $3000 but always came just shy of it before pushing through.

Seems like we topped a moment ago at $4870? Feels about right...!
Hopefully the price can go down for a bit and we will enter a period of relative calm.. Then all the profits can flow to my precious, precious Alts.

Only time will tell! I'm really feeling $10,000 per Bitcoin before this Christmas though... then just wait for the EARLY* mass adaption phase haha, I love my alts too, tbh alts have killed it this year, I think % wise ETH and Ripple have gone up much more than Bitcoin in the past year, I guess the smaller market cap helps

great post! It's certainly increased 625% since I got involved last year. Hopefully we will see $10k by Christmas ;)