In the last seven days, the price of Bitcoin and almost all major cryptocurrencies has enjoyed an impressive run of growth, increasing by more than 10%. At the time of publishing this, Bitcoin sits at roughly USD9,700, which is over USD1,000 more than it was last week and a price it has not enjoyed since early Mar-2018. The volatility of the cryptocurrency means that fluctuations are extremely common, however some analysts believe this is the beginning of unprecedented growth, with some even predicting Bitcoin is on its way back to its all time high of USD19,000 achieved in Dec-2017.
With every analysts getting skin in the game, there is one more who out of a sudden changes his mind and says Bitcoin is going to the moon. There are more and more people who get involved and I feel there will be another mania soon. How far it will take us I don't know.
