Bitcoin Forum

Bitcoin => Press => Topic started by: nizamcc on November 05, 2017, 02:36:25 PM

Title: [2017-11-05] BitGo Engineer: Bitcoin Price is Building Momentum to Bust Thru S2X
Post by: nizamcc on November 05, 2017, 02:36:25 PM
Jameson Lopp, a BitGo engineer, and a lead developer thinks that Bitcoin is seeing a surge in its price mainly because of the upcoming fork that's coming in the way this 16th November. According to the charts, the price rose harshly during the month of October following the news that CME and CBOE will allow Bitcoin futures on their exchanges and the surge started from 3300 to over 7400 which is over 2 times and more than 200% in just a period of 30 days.
Do you feel the same way that we might be a victim of a big crash after 16th passes? Or it will continue its rally even after that?