During the last weeks we experienced a huge price rise on almost every altcoin out there, which lead to a diminished Bitcoin Dominance of only 35% at the time being. The last time it has been so low people started to put their earnings back into Bitcoin pumping it straight up to new all time highs of more than $20.000 USD.
So that being said could we be at that point once again? Could it be possible that Bitcoin will see another huge rise of epic proportions above the previous highs? I actually think so and already shifted some of my Altcoin holdings to Bitcoin to not miss out on the next rise 😉
Taking a look at the price of Bitcoin today you might actually think that the rise I and many others expect to happen is already initiated as we´re back above $16.000 USD and not too far away from the old highs.
I´m more than curious what´ll happen during the next days and weeks on the market as many people are just waiting on the side lines to get into the cryptocurrency market in 2018. The next price rise on Bitcoin will therefore probably be even more epic than any other before as the fear of missing out hits more people than ever before.
What Do You Think? Where Will Bitcoin Go?
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