Once again, and in less than 2 week the bitcoin price has achieved a new high price and break $7,500 range on November 5 first time all-time, with out add positive positive effect of new fork .
Demand In Japan and South Korea (the popularity of offline exchanges of Bithumb and Coinone ) exponential increase .
So Why is the Market So Optimistic?
Well it's my contention that there's two things that have been driving up the price over the past few weeks.
1) The upcoming fork. For the past 2 forks, we've seen strong support of BTC right before because people want to hop on the train and get that extra forked coin as "free money."
2) Amazon just bought some crypto domains and it seems like tech companies are starting to come out with support for crypto.
if Amazon news right and they support bitcoin price will increase with 1k$ every day
Show Posts
