Even before I saw how much impact the upcoming fork was having I predicted 6-7K easily by end of year. Much more news about BTC and a lot more adoption.
Now with Fork getting closer everyone is dumping alt coins to buy BTC and get the "free" BTG coins. Has created a selling of alt coin and buying frenzy of BTC.
I dumped a decent amount into alt coins in the last week as they had dropped 25-60% in about 7 days across the board. Sure makes for a great buying opportunity of alt coins.
You get alts for cheaper and added value of your BTC to buy them with.
BTC is up $1470 since last week
Smashed through 5K barrier like it didn't exist. I dont see 6K being a barrier either with this kind of frenzy. 7K is likely and I wouldn't be surprised at all to see it touch 8K. There is BTC Gold in them thar hills........
