After Bitcoin reached a new all-time high in the evening of Wednesday, November 22, we can see a little pullback as the BTC price at the moment is slightly over $8,200. The fall is highly insignificant compared to the previous upward leaps. Besides, the buying pressure in the market does not decrease with the price growth.
It seems the $10,000 forecasts were not so groundless after all. Despite a short pullback of the price, BTC is going higher again. At the moment it is traded at some Bitcoin exchanges for $8103. The price is still resembling a rollercoaster with rises and falls that can barely be anticipated.
Despite the previous gloomy predictions of altcoins prices falling with the pump of Bitcoin, they are steadily increasing. However, we haven’t seen the pump yet, but still, it is unlikely most altcoins will suffer that much, at least, for now.