Wednesday, 1 June 2016

BITCOIN PRICE STILL ABOVE $500

Although the much anticipated halving of bitcoin reward is still more than a month ahead, the price of bitcoin as continued showing a bullish trend with some exchange experiencing a price of $550 few days ago.

The price however is trying to stabilise between the ranges of $500 to $540 at different exchanges.

Many have speculated $1,000 price tag by the end of the year.

We cross our arms and watch how events turn out.

10 comments:

  1. 1000 by the end of the year seems realistic, and possibly via 3000ish.
    In any case I doubt there will any sub-500 bitcoins after this year.

    ReplyDelete
    Replies
    1. Yeah i agree with you on that. We may not experience a sub $500 this year again

      Delete
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