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Bitcoin has reach a new all time high during the past week he has passed from 3700 USD to 4500 USD, this new record bring new hope for the future of the digital currency and increase the confidence of investors into this digital asset .

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Now why Bitcoin is not just a Bubble but this increase of the value of this asset is just the beginning of an uptrend movement for Bitcoin :

1-More and more people are puting their saving into Bitcoin to protect the value of their saving,also private banks,investment funds company, and trader are investing into Bitcoin as a long term investment, and what happen now to bitcoin is just a correction beause some markets has cashout their profit from the last surge of bitcoin,but the majorite of the markets are setting 5000 USD as a target to cashout their profit .

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2- There is a lot of country now in financial crissis and their currency are in knowing a huge inflantion, the citizens of this country invest into the degitals assets to protect their holding from infliation .

Cointelegraphe has reported yesterday : »

Citizens of countries with failing currencies in every part of the globe seem to be turning to crypto for investment and wealth protection, even amid the chaotic struggles of fiat currencies.

Venezuela – 36%

Colombia – 18%

Argentina – 15%

Belarus – 13%

Ukraine – 11%

Brazil – 11%

Germany – 10%

UK – 8%

Egypt – 7%

Russia – 6%

The five countries with the worst-performing currencies of 2017 are Venezuela, Argentina, Belarus, UK, and Egypt, and all of them made it onto the top ten list.

Each country’s currency rates were based on their current state of affairs including elections, political turmoil, the price of oil, recessions, and other factors. »

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3-More and more People, online and offline shops are accepting Bitcoin and digital assets as a payments methods to profit from the surge of cryptocurrency .

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