Bitcoin is expected to touch $ 6,000 on major markets on Thursday, a daily rise of seven percent this week's bear market
Bitcointicker data show that WEX delivers a maximum of $ 6,004 at the time of publication, with Bitstamp reaching a high of $ 5,988
The movement marks a new push for Bitcoin which, 24 hours ago , languishing at recent lows close to $ 5,000.
Despite the disruption by Bitcoin Gold and the expected uncertainty of SegWit2x, enthusiasm has returned to the trading markets, with even mainstream sources predicting highs of e all times will arrive in November.
Nevertheless, the rally seemed to take a lot of surprise, with commentators waiting for an extenative correction of deductions after the Bitcoin price spent $ 6,000 for the first time last Friday.
What you see now in #bitcoin is a well-defined double-top in the terms of the Bollinger Band. $ btcusd
– John Bollinger (@bbands) October 24, 2017
In trouble here .. could go back to $ 5,500 imo. Shorted $ 5750. We will close if we break this resistance. Godspeed! pic.twitter.com/4VPtALTEq9
– Crypto ฿ ull [NO2X] (@Crypto_God) October 26, 2017
In the longer run, however, supporters dig to defend the virtual currency against d & # 39; other related charges Pyramid schemes or bubble-like behavior.
"By the mid-1800s, the world's streetlights were lit with whale oil, and then John Rockefeller simplified the process of refining crude oil," CNBC defender John Kelly wrote on Tuesday. in the Forbes Journal
"The whalers who did not recognize the change had gone in search of ancient riches, while Rockefeller went on to create Standard Oil … Bitcoin, the currency, is the incentive for all of us to become John Rockefeller. "