I've just been doing my daily crypto news reading and lately i've been seeing all positive news for BTC.
I find it interesting that none of these news are new
*Goldman Sachs CEO thinking about bitcoin
maybe their CEO made an statement recently but they have been involved with bitcoin for a long time.
*Japan accepting more bitcoin in retail and starting more exchanges
this has never stopped ever since Japan started accepting bitcoin as a legal way of payment. it has been growing every day.
*IMF chief says bitcoin and virtual currencies could be the future
I don't know this one
So im pretty confident these all contribute to the recent increases in valuation and with the steady growth of bitcoin adoption over time it seems like there is nowhere to go but up.
I disagree with the first part, the price rise or more accurately the come back is the correction of the massive dump/dip that we had recently.
but I agree with the second part, things like this contribute to the long term steady growth of bitcoin. and the upward trend will be sustained.
Do you think now still a good time to invest or has the news already been priced in?
the best time to invest is in the dip (eg. the $3xxx range) other than that all prices are good when you consider the long term price and how it can be 10,000 pretty soon.