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RE: Bitcoin Insanity!? - Those Prices Are Just Too Crazy...

in #bitcoin7 years ago

Im thinking the same, this up grow is too fast... Though it might be because once the 10K barrier is broken the next psychological barrier could be 20K, imagine someone who bought BTC at 10K wont want to take profit at least until it hit 20K to get the 100% profit, it might happen a lot faster now...
So its not crazy to see 20K before year ends, and 50K in q1 of 2018, there is too much hype and institution money coming in...

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I really don´t know what to think of all that right now. The gains this week are just so massive and I somehow just don´t believe that it´ll go on like that without a short correction inbetween. But let´s see what happens ;) In Crypto you never know.