[2017-11-15] Recovering From A Rollercoaster Ride: Bitcoin price Seems To Go Up

[Vladdirescu87]

Recent events appeared quite head-spinning for the entire Bitcoin community. The price was falling and rising, and then falling again, even lower than before.

However, now Bitcoin seems to have recovered its position along with its price. After rocketing down to the lowest bottom for the last couple of weeks ($5,600), BTC has significantly improved its position, and its price has increased back to over $6,900.

Generally, it is due to CME Group’s announcement of the launch of its bitcoin futures exchange. The company confirmed that the platform will start its work in December 2017. Moreover, BTC has got itself authoritative supporters, such as a billionaire Mike Novogratz and some other high-profile investors.

The full article: https://coinidol.com/bitcoin-price-seems-to-go-up-again/

[1Referee]

It's funny how news articles with their predictions are just going with the flow of the market. A few days ago the market would likely keep falling down further, and now suddenly it's recovering. It just shows that the people they hire to write articles and for their "knowledge", don't know how this market works. You can hire me too - If the price tanks, I'll just state the obvious, add some extra information to make it seem valid and professional, and ready you are. The same applies for when the price rockets up, but for half the price. Great deal, isn't it?