Bitcoin price moved towards 4000$ in a very small time frame. That too everything happened with the growth happening in multiples of 100 and so on. People were speculating to reach $2500, but the price pumping took it higher towards $4500+ value and the same started to decline in value.
The price was indeed at the highest rates in the position of 4500 $ and now has decreased. But the price is very difficult to predict so the current price often change very easily. So no one can predict the exact price of bitcoin. Everything can happen because bitcoin is a digital currency that has very high fluctuations.
Everything is possible,it may decrease more or increase beyong $4500 again, its still in development process so there are more things to consider as it develops.
Ya true. Everything is possible in bitcoin. Many Holding people got happy by seeing the value of 4100$ itself. In past one week it's very hard to see this price. Even not more than a value of 4000$.Its due to China also.But now it's reverse. Many changes you can see in bitcoin.
but the current growth of bitcoin above 4000 dollars is a very good indicator and I think that this trend will continue. While the growth trajectory has dropped a lot, but I think that it will not be very long for a while.
