Uptrend is Still Intact With the Hopes for Best in Future

in market •  7 years ago  (edited)

Tax day is over and all the bitcoin community is now looking for another all time high price of bitcoin this year. Some analysts (Tom lee) have predicted that bitcoin could hit $25,000 at the end of this year however that could be bullish prediction. 7-days price graph of bitcoin shows no weakness and today's spike has made the bull run more excited.

People want to see the change in the definition of today's economy that's why they want to accept bitcoin. Regulations will have negative but temporary affect on bitcoin's price but future is either blockchain or something similar to blockchain. Let's see what will happen next, but one thing is sure that bitcoin will stay there and more investors will try to buy it, some want to buy it cheap but those days will be over as the more and more time will pass.

Altcoin market is also showing green color and this is a good sign for altcoin lovers as investors are showing there interest in altcoins.

Image Source: https://coinmarketcap.com/

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