It is not like in 2017 when the price of bitcoin soared to the highest ever past 20 thousand dollar. Now just about 4 thousand dollar, far from the top point. Even contested to level 3 thousand in several a month ago, but seem to recover and gain a momentum.
Perhaps market try to recover from so many loss by advertising intensively. Some big broker company came to ads daily and invite their client to buy, which they said the never again see this price. Then followed by positive news in the market.
Apparently it work as the bitcoin price start to climb and hardly could go back in previous price. If we see the bottom price in recent year was nearly touch 3 thousand level. So by far now it seem already gain so much nearly 30 percent.
That is huge profit compare to other investment which could hardly got 10 percent in a year. When comparing with other investment, for sure have to show also the risk. Since bitcoin is high risk, should be fair if 30 percent was just average.
The new momentum perhaps on halving bitcoin in future, for sure price will be crazy again. Some analyst even advise their client to buy now, because once goes up would be hardly to catch. Usually bitcoin rally in short time with high jump.
Other analyst tried to be careful because hardly the price reach above 6 thousand. They advise to buy after reach 6 thousand only. Anyhow try to do research on your own and don't believe for what new coming. Bitcoin is a high risk investment.
