4 Days Remain for 16K Bitcoin Price 4Chan Prophecy: Now Possible?

Bitcoin price (BTC) has been a popular topic this week. After the monstrous run from $7,400 to over $10,500 on Oct. 25, it certainly looks as if last week's article indicating the early stages of a bullish reversal came to fruition.

As usual, there has been wild speculation on Crypto Twitter that the Bitcoin price pump was a direct result of Chinese President Xi Jinping calling for an acceleration in the development of blockchain technology as reported by Cointelegraph last week.

Whilst this was good news to hear, it’s doubtful that it was the sole reason for Bitcoin price making one of the largest price leaps in its 10-year lifespan. Instead, it's more likely that the rally was a culmination of several factors including the China news, as well as strong technicals. Read More...