Bitcoin was traded today between 4200 USD and 4500 USD, after gaining some profit on monday across global exchange service where he reach 4400 USD , but in my own analyze this is a small correction for the price before he go to the moon.

Advertisement :

Crypto markets had been recovering through Tuesday as Bitcoin increased above $4400, with Neo in particular continuing to recover lost ground in the wake of China’s ICO and fiat trading ban, The market capitalization of altcoins has reach today 14 bln .

Advertisement :

If we take a look at the charts from Coinmarketcap we will see that Bitcoin has start an uptrend movement to reach a new all time high for many reasons .

Bitcoin could reach a new all time high price for many reasons :

Advertisement :

The positive effect that will bring the second hard fork of bitcoin on 25/10/2017 :

After the hard fork of August, Bitcoin will see a new hardfork on 15/10/2017, a new coin called Bitcoin Gold will result from this second hard fork, all Bitcoin holders will get this coin for free on 25/10/2017 with ratio of 1:1, this has result by an increase on the demand on bitcoin what has increase the price of bitcoin .

You can find more information about this new coin here

bitcoin gold : the new coin that-will result from the hardfork of 25102017

The positive Effect of the japan crypto currency industry, japan is the first country in the world to regulate bitcoin as a payment methode and more 11 startup of crypto currency .

News.bitcoin.com has reported yesterday that Goldman saches when of the huge financial institue in The Usa will list bitcoin trading in Down-J in new york, this news has push more investor around the world to invest more in bitcoin .

Advertisement :

The recent event in the criss between USA and North Korea and the increase of the tension push investors in USA to secure more funds into the digital currency because they are to lose their profit from the us dollar .

Advertisement :

The news that come from South Korea that says that this country will legalize Bitcoin exchange service

If you have another opinion about article please left a comment

Read also :

Why bitcoin is the best investment in the world ?

Advertisement :