Hi guys today the Bitcoin passes 18000 $ but ... there is a big but.... many things the year 2017 where bitcoin earned 1375% and the next year 208 lost 70% .
Matt Maley, chief market strategist of Miller Tabak + Co. declared
"This is the 3rd paravolic move. Noone know where it will stop".
But this time the things are a little bit different : Most inventors and capitalist ventures invest at Cryptocoins and especially at Bitcoins.
Par example Fidelity Investments started a Bitcoin fund this summer.
Also Hugo Rogers, chief investment officer ???? Deltec Bank & Trust, bought Bitcoin on June at $9.300.
Bitcoin is the 5% of the capital value Global Absolute Return Fund and it is sure that this percentage will become bigger next months.
Rogers declare at Bloomberg that
"Bitcoin can reach high"
So we can say that the conditions are different from 2017 and 2018 where the bitcoin lost most of its value...
So be a little a bit careful with Bitcoin.
PS The photo was taken from https://www.dreamstime.com/bitcoin-market-bitcoin-price-record-eighteen-thousand-us-dollars-bitcoin-market-bitcoin-price-record-eighteen-thousand-us-dollars-image105685854
