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Bitcoin gets to 13 thousand dollars for a coin

05 December 2017 21:00, UTC

Bitcoin hits its all-time high once again, which is becoming a mundane event. The price of this cryptocurrency on Coinmarketcap is over 13,000 USD at the press time.

It’s a perfect time to remember when did the economic observers tell that Bitcoin is about to burst. This happened when Bitcoin was $2000, $4000, $9000. If it is actually a bubble, then it continues to grow. On the other hand, some investors were predicting this a long time ago and now think that this currency is going to hit even higher values next year.

The exact limit of growth of Bitcoin is unknown, and there is currently no big reason of drop or short-term change of the market sentiment to bearish. Financial outlets sometimes point out at the structural problems of Bitfinex, even comparing it to infamous Mt. Gox, but overall Bitcoin is feeling good, like never before. Maybe the reason of this growth was the recent decision of the Asian stock exchange in Tokyo to trade BTC futures once the legislation allows so, or maybe it’s still slow bulls who decided to invest only now, at the maximum, and this massive late buying stimulated the growth even further.