Another speculation about Bitcoin future price

[DreamStage]

We have all witnessed the rise of Bitcoin once again during April 1st reaching a new all time high value of $5.000+ due to a massive pump.

Till the current day this Topic was made price has grown till $5.250 and still fluctuating.

I have faith and am a strong believer in which price will go even further in terms of higher prices for Bitcoin due to new investors.
The reason for this is most likely sure to be the same as everyone out there thinking on the price rise.

For example, let's assume i want a bit of the price's gold.
I will invest a bit of my fiat and get some Bitcoins hoping for the profit between the invested price and future higher price.
By doing that i will be increasing it's value (Bitcoin) a bit more.

In the meantime another price things the same way which will increase bitcoin price even higher.

So you can see this is a cycle thus explaining why the price keeps rising for the past 2 days.

What you guys think on this particular subject?

[gesdan]

i know that the price of bitcoin is rising up right now, but we can't happy right now, why? because we know that price of bitcoin is not stable, its mean that the price maybe can drop someday and maybe we should get some losses. because of the fluidity of bitcoin, like many people said, trading or investing on bitcoin, high gain high risk hahahaha

[jakelyson]

It is FOMO. That is why, as you can observe in the forum, there is a lot of hype thread popping up since the price surge started. This is to promote fomo and more newbie investors flock in and push the price futher up. This will continue for a while until the hype dies down.

[carlfebz2]

i know that the price of bitcoin is rising up right now, but we can't happy right now, why? because we know that price of bitcoin is not stable, its mean that the price maybe can drop someday and maybe we should get some losses. because of the fluidity of bitcoin, like many people said, trading or investing on bitcoin, high gain high risk hahahaha

For those people who tends out to FOMO when the price hits up 5100-5200 are definitely losing money as of this moment but not really that much.We have
seen a few hours before that the price is clinging to 5300 and then on 20 mins time it do decrease going back to almost on 4700.It do clearly shows that correction
can happen anytime and if you got caught then you are in to the waiting game.