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RE: Why Bitcoin is going up and will it last long???

in #bitcoin7 years ago

The exponential growth of the last 10 days gives actually indication of a soon-to-come quite abrupt fall of prices.
IMOO, self-claimed investors with no experience will invests in the currency in the next 2 weeks and start to sell like crazy after a price explosion. Resulting in a huge a quick drop.
I see more of a stabilization around 3000$ in the next months.

The curve is actually interesting to watch, lets see ;)