BTC – To the Moon? Again?

Bitcoin broke today the 13.000 $ price level so the price more than tripled in less than three months from the 4.100 $ level on 1st of April.

Bitcoin reached the maximum historical level of 18.737 on 18th December after an another very fast increase from 1.900 $ in July 2018, so another similar bull-ran is possible now, it is interesting if we will have again a correction since speculative buyers will want to mark their very nice profits.

Since the price seems dictated now purely by the demand – offer equation, the future price of bitcoin in the next months is highly unpredictable. Anyhow, the lucky ones who entered the market in the last months are more than happy, it is probably the most efficient way currently to multiply your money, but the risk is accordingly high.

Please take only the risk you can afford, invest in bitcoin and any cryptocurrency on your own risk since their value are highly volatile.

Leave a Reply

Your email address will not be published. Required fields are marked *