So Primdona again, a week of Bitcoin investment can be a 12% Cuan

So Primadonna again, a week of Bitcoin investment can be a 12% Cuan

The value of Bitcoin on Friday's trade (10/5) was closed as high as the US $6,426.83 which meant up 12% all week ago. Until the end of the trade, the value of Bitcoin has increased by 70% by year to date (YTD).

At the beginning of the week, this cryptocurrency value reached the US $6,000 for the first time since mid-November 2018. Nevertheless, the value is still far from the lifetime achievement of the US $20,000 at the end of 2017.

Bitcoin (REUTERS/Dado Ruvic)

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The founder and CEO of BKCM showed recent institutional interest in crypto trading from large institutions. Fidelity Investments plans to allow customers to buy and sell cryptocurrencies, Bloomberg reported earlier this week.

 "The obvious many investors have flocked to Coinbase over the last few years, we are still anticipating a large number of hidden requests from retail investors," he said, citing CNBC International.

Kelly said a lot of investors were fooled false alarms to approve Bitcoin ETF trades. Market participants seem to assess the impact of the two largest retail brokerage firms that offer this cryptocurrency trading.

The bit in the market is also not missed from Landmines for retail investors. This week hackers stole as much as 7,000 bitcoins worth the US $40 million from one of the world's largest cryptocurrency exchanges, Balance.

The head of the investment in the digital asset manager of the current statue of Jeff Dorman, Bitcoin still hasn't found its balance point.

 "This really has continued because the positive events around the crypto have exceeded negative risks for months. More importantly, the downside is largely a one-time ' black swan ' that makes the tail risk but not persistent, while the positive ones are the long-term game-changing events that lead to sustainable growth, "he said.

Digital currency (cryptocurrency) is most popular, Bitcoin is again gaining new power to continue the rally price increase. Even now the price of Bitcoin has penetrated the psychological level of US $6,000 per coin.

Quoting Coinmarketcap, until 17:14 WIB, Bitcoin is traded at a range of US $6.323,77 per coin or equivalent to Rp 90.38 million. In the last 24 hours the price of Bitcoin has strengthened 4.46% or for Rp 4.05 million.

Overnight Bitcoin Investor can Cuan Rp 4.05 million/KoinFoto: Bitcoin (REUTERS/Dado Ruvic)

The Bitcoin price rally made Satoshi Nakamoto's digital coin market capitalization up to US 111,49 billion. There are currently 17.69 million bitcoins circulating in the market.

Forbes noted there are some positive sentiments that make Bitcoin a real price. But the biggest drive about Facebook's policies is that it re-allows Bitcoin ads on the world's largest social media.

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