{"id":981,"date":"2016-06-16T13:02:04","date_gmt":"2016-06-16T13:02:04","guid":{"rendered":"http:\/\/blog.holytransaction.com\/?p=981"},"modified":"2023-01-14T02:12:49","modified_gmt":"2023-01-14T00:12:49","slug":"bitcoin-rise-will-it-continue-in-the-future-days","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/06\/bitcoin-rise-will-it-continue-in-the-future-days.html","title":{"rendered":"Bitcoin Rise: will it continue in the future days?"},"content":{"rendered":"\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2018\/07\/TRADE_L1_Pillar_headline_Graphs_o_tcm5044-9478.jpg\" alt=\"\" \/><\/figure>\r\n\r\n<h3 style=\"text-align: justify;\">Bitcoin Rise: will it keep growing?<\/h3>\r\n<div style=\"text-align: justify;\">It is not a news that the <b>Bitcoin rise<\/b>\u00a0very fast during the last few weeks, reaching a high of $735 today.<\/div>\r\n<div style=\"text-align: justify;\">But the real question everybody is asking is: <b>will Bitcoin keep growing?<\/b><\/div>\r\n<div style=\"text-align: justify;\">After a two years high, on Wednesday the bitcoin price fell, but it was only temporary and now the price is rising again.<\/div>\r\n<div style=\"text-align: justify;\">As we tried to explain, there are a few reasons why Bitcoin is increasing its value: at least <a href=\"https:\/\/holytransaction.com\/blog\/2016\/06\/5-reasons-bitcoin-price-is-rising.html\">5 reasons that you can read here.<\/a><\/div>\r\n<h3 style=\"text-align: justify;\">Volatility?<\/h3>\r\n<div style=\"text-align: justify;\">Bitcoin price dropped 8% to $661.60 on June 14th, after hitting $719.85 the day before.<\/div>\r\n<div style=\"text-align: justify;\">But during the same day it reached $691.70 and since then it keeps growing.<\/div>\r\n<div style=\"text-align: justify;\">So, even if the price fell, <b>this event cannot be considered a great volatility problem<\/b>. Also, several experts explained that such instability is unavoidable.<\/div>\r\n<div style=\"text-align: justify;\"><i>&#8220;It is important for traders to understand that markets are always following cycles,&#8221; comments Joe Lee of Magnr, &#8220;Regardless of the asset type, if a price increases too quickly, the safe assumption is that a correction will occur in the short term.&#8221;<\/i><\/div>\r\n<h3 style=\"text-align: justify;\">Halving and Brexit: will the bitcoin price keep growing?<\/h3>\r\n<div style=\"text-align: justify;\">Other experts in the bitcoin sector sustain that two of the most important reasons for the digital currency higher price are the miners rewards halving and the \u201c<b>Brexit<\/b>\u201d, or the possibility that the UK leaves the EU.<\/div>\r\n<div style=\"text-align: justify;\">Experts explained that the halving has a key role in the growth of demand because it reduces the reward for each new block mined by 50%.<\/div>\r\n<div style=\"text-align: justify;\"><b>Rik Willard of Agentic Group LLC<\/b>, is convinced that bitcoin price will move around $685 until the halving occurs.<\/div>\r\n<h3 style=\"text-align: justify;\">Bitcoin Wallet<\/h3>\r\n<div class=\"separator\" style=\"clear: both; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4022 alignright\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/06\/HTBannerOrange-6.png\" alt=\"\" width=\"300\" height=\"250\" \/><\/div>\r\n<div style=\"text-align: justify;\">If you want to store your Bitcoins you need a wallet when you can keep them safe.<\/div>\r\n<div style=\"text-align: justify;\">\u00a0<\/div>\r\n<div style=\"text-align: justify;\">Open your wallet for free on HolyTransaction, an universal wallet where you can also store other digital currencies such as Ethereum, Litecoin, Dogecoin and more.<\/div>\r\n<div style=\"text-align: justify;\">\u00a0<\/div>\r\n<div style=\"text-align: justify;\"><a href=\"https:\/\/holytransaction.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to read all the info you may need to open your wallet.<\/a><\/div>\r\n<div style=\"clear: both;\">\u00a0<\/div><p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Bitcoin Rise: will it keep growing? It is not a news that the Bitcoin rise\u00a0very fast during the last few weeks, reaching a high of $735 today. But the real question everybody is asking is: will Bitcoin keep growing? After a two years high, on Wednesday the bitcoin price fell, but it was only temporary [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":3322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[764,819,996,1095,1173,1205,1327],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Rise: will it continue in the future days? -<\/title>\n<meta name=\"description\" content=\"Stay informed on Bitcoin&#039;s value trends &amp; predictions with HolyTransaction. 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