Bitcoin Is Now Climbing Back Again !!

[btcdepo]

Bitcoin very slowly now. Around 15 k. I think that situation will continue until the end of the week. Next week Bitcoin will rise hard.

It is just recovering from last week's drop which casued by Christmas and New Year Eve holidays. It happens every year, same thing over and over. The reason is need for cash. People needed to cash out some of their portfolio to buy some presents and use it for travel expenses.

[dinoloverpete]

That's right, because the investors have finished holidaying, and they start back to buy their assets.
So the price of bitcoin is even higher.
And more and more new users coming

I don't think that's the reason at all, transaction fees dropping slightly is probably helping. The price is certainly not higher than before. It is still down over 20% on the previous ATH which was in december.

[jeffer8035]

it is good that this bitcoin is going back to the game this is going to make a very prosperous year if there are new challenges for the bitcoin to come but we will overcome it with a lot of work and with a lot of technological development of the block chain...

[buwaytress]

Happening quicker than I expected too, so to put on my pessimist cap, this can only be either a burst of buying from people all back from holidaying, or the storm before the calm that people usually can see in January. Either way, it should be a short-lived rally, I know this January shouldn't be like all the previous ones with all the spotlight still trained well on Bitcoin - plus we'll have the first futures contracts expire this month. Yes, all cash settled, but likely to have some psychological impact leading to sell flurries.

Volality of bitcoin prices will always have factors pertaining to its demand and supply and with accordance to the news that affects people's perception towards it. I assume that the good news upon the first usage of lightning network is one factor that affects the return to its normal climb. When trust grow, it will regain its popularity and even attract more users. Also, vacation is almost over and I guess people are starting to invest again after the big spending this last few weeks.

Well, once the big exchanges and wallets start implementing LN, then we'll see a lot of positive movement. As yet, mempool hasn't seen levels below 100k for weeks, so this is going to be quite a drought to weather.

[Janine012]

Pretty much sure it will rise again after Holidays season. It was a feast time for Altcoins markets and time to yield money to. Just have to take a ride and buy when market is in dip and sell when it is high. Don't sell at loss and wait sometime for coins to recover.

[nominee]

The current price is still low. We need higher prices in bitcoin so that we can confirm the recovery of the previous loss.

If it survives well in january 2018, the rest of the months will be much more greater than january for bitcoin.

[xnuggets]

The market is volatile and unpredictable, where you don't know what will happen. Though, I'm sure everyone is happy that bitcoin is now back at its track where it's pricing is rising up slowly. I just hope it will still recover and no fear and capitulation will happen.

[trecore4]

Its not climbing yet, what happened is just the market cap and after that the left over investment really! Bitcoin is completely stagnant for now and it has grow its market cap if it needs to be evaluated for the good prices now. The market is slow for now as people are still having the hang of holidays. They don't have money to invest into crypto. Most of the big whales also invested into different coins like XRP, ETH in short terms trades so that they can regain the profits over the BTC. So there is still little more room for the bitcoin to grow back. It will happen over the next month and to cross the 20K prices it has to capture a big market first.

[Nafta012]

Bitcoin already had its fall, now it will be massively increasing in January, by the 15th January it'll reach 25k, I'm pretty sure.

[teejaymuna]

This has been the trend on bitcoin.  As expected the price has picked up everyone is smiling again.  Personally I expect more rise in the present year and consequently more gain so yes,  these are rosy times for Bitcoin users

[mr.creampie]

Yes i am very happy and satisfied with my BTC holdings alts are bleeding hard but they will recover soon.

[Gintron]

Bitcoin was never out of the game in the first place. There is nothing to worry about with btc. We hope this year btc will hit 150k$

[Cryptosaint$]

Bitcoin is climbing back again after the big December dip and it seems that people who almost got nervous breakdown when they read that Bitcoin was crashing are now smiling happily again. As just another traditional move for Bitcoin, we have been to a great rollercoaster ride for the holidays.

I am sure this is one of the many ways that Bitcoin is telling us that it is very resilient despite of all the problems it has been carrying on for a long time -- the clogs and the high transaction cost -- and that we should be looking for a better and much prosperous 2018.

Are you happy that Bitcoin seems to be back on the game -- again?

I will be the first to say that I am super excited at the rebound. I felt that the dip towards the end of December was pretty much a tax manipulation as the tax laws are drastically changing this year favoring investors.

This cryptoeconomy is here to stay. I am fully convinced. We are at the bottom of a ginormous mountain that represents crypto.

[Sancho250]

All wrote about the rapid drop in bitcoin at the end of December and those who have read all the professionals that took care of that would be buying it back at a lower price . Did and I . And very happy that the bitcoin back to the price of mid-December.

[sarojan9980]

Yes absolutely the Bitcoin was fell down in dec. Do many people was afraid of that they sold they're Bitcoins but now it is increased in It's prices day by day. So don't lose your Bitcoin

[dinoloverpete]

Yes absolutely the Bitcoin was fell down in dec. Do many people was afraid of that they sold they're Bitcoins but now it is increased in It's prices day by day. So don't lose your Bitcoin

The price increased for about one day. I wonder sometimes if people actually pay any attention to what is going on. The price is still not close to previous highs and had one day of good growth (the 2nd) to take it from about 13k to 15k. It's nothing we haven't seen already since the crash though, the price can easily fall back to 13k.

[Tavarez]

definitely will jump to previous highs and will surpass 20k at some point. Price had slight dip around Christmas holidays and that happens each year (so no surprise). Lot folks sell it by the end of the year to buy presents or similar things for they beloved ones.

[denzkilim]

Bitcoin very slowly now. Around 15 k. I think that situation will continue until the end of the week. Next week Bitcoin will rise hard.

It is just recovering from last week's drop which casued by Christmas and New Year Eve holidays. It happens every year, same thing over and over. The reason is need for cash. People needed to cash out some of their portfolio to buy some presents and use it for travel expenses.

Comeback is REAL and killer high fees are REAL lol. Bitcoin is recovering from major dips slowly but surely and I think it will rise up again to $18k dollars or more. Holidays are over and it means pumping of price again.

[jahmes123]

Hope that it continues to climb and go up past $20,000 soon .

[vkwame30]

After huge sells off during the exmas break , buyers are back to buy that is the why it is climbing like that. It is going  30000 usd price by May this year.