Helo Fellas,
Today is good day for bitcoin holders, Yes its a very good day if you tend to sell your bitcoins due to huge bull spike went up from 4900 to 5500++++.
From my observation the bull ups is due to emotional \ psychological factors of fearing to miss on the bitcoin hardforks 2x segments. So what is hardforks?, Basically if you owned bitcoins during 28th Oct holders be able to multiple the amount of their bitcoins into 2x segments , bitcoin to bitcoin gold and another segment of coin. Nobody have a crystal ball to confirm if those new coins going to have values or not, but my personal opinion said bitcoin price will continue to increase.
I'm wrong today thinking that bitcoin price are similar around the globe, according to 'Jon Buck' article, bitcoin at Zimbabwe were sold at premium price ranging from 6000 to 7000.
References: https://cointelegraph.com/news/bitcoin-trading-at-85-premium-in-zimbabwe-priced-at-7200
Yesterday A Fintech Guy called 'Jamie Dimon' Predicted that bitcoin will went up until 5800, he is correct in some way and advise that first support which bitcoin will fallout is around 4000. Basically, when bitcoin price went down to 4000 he recommend a buy market.
Well a lot of people believe that the bitcoin price will drive up until 6000-7000 by end of 2017 because of positive believe of psychological \ emotional aspects. Personally, holding until hardforks is a good idea and i recommend to collect some of alt.coins due to decreased of price. 3 Alt.coins that are not affected are Ethereum, Litecoin and Bitconnect plus these coins increased drastically align with bitcoin market price.
That's all for today steemit, Adios.
-A chicken with wings is still a chicken not a bird-