Bitcoin hit a all time high on several exchange rising it to $2800 in Asian trading just after painful weeks when the crypto declined 30% taking the coin below $2000 the coin is up more then 3x since it hit $900 in march some people call it a bubble of epic proportions and others think its just the beginning of a revolution and say Bitcoin is headed to $4000 by the end of the year or even $1 million in 5/10 years from now. The volatility will be increase once again and it will affect other altcoin's like Litecoin and Monero but the main rivals like BTC and ETH where traded near all time highs. What are your guys thoughts ?
As I see to coin market cap, yes the increase of bitcoin leads to increase in all alt coins,
On the other hand, the down in USD / Euro also shows an extra unit true value will be back again after USD get stronger again ( but of course this is not a very influence , but has to be mentioned I think.
I hope steem go 7.50$
the way everything is going for steem and steemit with all the new people signing up should get there in no time theres alot more people looking in to steem
Yes this is sure :) but I think 5 months then :)