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November 14, 2017, 10:18:32 AM |
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It was well expected that bitcoin price will go down to a certain extent after the successful implementation of Segwit on November 16th. Because a lot of people invested in bitcoin heavily before the fork just to receive free coin and make some quick bucks. However, when it got cancelled, I expected worse. After all the organized attacks from the BCH trio by old pump and dump method, bitcoin price reacted quickly and gone back to 5.5k level. But the good part is that, it recovered quickly and started stabilizing at 6.4k level. It is still growing slowly and steadily. It is just gaining grounds before taking the next leap. I believe bitcoin will be price at 7k USD before we enter in to December.
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