Bitcoin looking for new heights !!!

in #bitcoin5 years ago

Seems like the price of bitcoin is no more reating to the news surrounding it and specially those big institutions who thought that they can supress it by regualtions and rules bitcoin trying hard to break some major resistances and over $5.3K mark as of now anything can happen but fact is that bottom is nearly in so a slight pull back may not stop it from approaching new highs soon.

Not a moon shot at once but looks good for another decent gain when the big players like china saying that bitcoin mining is an unethical industry and many news media spreading this news all across the platform can't stop the prices to go down in a single shot so just imagine we are out of the fud world.

Bakkt and other fidelity are all joke they want only profit even mainstreams adoption is more of a joke now as many say but none of them does the job.

I was quite spectacle about that but time changes soon enough but bitcoin will roar again !!!

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A few pundits had set the new BTC price to be at $10,000 by the end of 2019. If this current momentum can sustain and assuming that there are no world altering events between now and December, this price target could be plausible.

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