Looking the rate bitcoin is rising and the percentage increase of more than 25%, do you think that it would surpass its previous record of $7,566? If it is possible, do you think it would sustain its value increase this time?
It just surpass that amount and it is now in $8,200 level. Bitcoin's price will continue to grow as long as there will be more people who will trust the coin. Good thing about bitcoin is that it has a fixed number of supply and once the demand goes high price will go with it.
As long as no one will try to manipulate the prices of other alt coins again then bitcoin's price will continue to soar up.