Bitcoin is confirmed mooning today!
Here are some of the theories I’ve heard so far in the crypto chats:
1. North Korea crisis is spooking mainstream investors
2. People are dumping altcoins to buy Bitcoin ahead of a potential new hardfork in September
3. U. S. Market crash is impending, stocks are way overvalued
4. Governments are buying/mining cryptocurrency? Russia announced 100 million mining operation
5. Hedge funds are buying
6. Gold bugs are capitulating and diversifying into Bitcoin
What do you think is going on? Are any of these reasons causing the price increase or maybe one I didn’t list? Upvote, Follow, Resteem and comment below! Thanks
Tell me what you think in the comments below. This is not professional investment advice. I'm not your financial advisor. Only invest money you can afford to lose!
