Bitcoin price nears $ 600! - What next?

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The past few weeks have been a thrilling time for Bitcoin Investors and Enthusiasts – Bitcoin is now flirting with the $600 level! As reported by Coindesk:- "Bitcoin prices have risen sharply in the past week, nearing the key psychological level of $600 after lingering close to $450 for most of the last several weeks. Bitcoin has established a new trend over the last week or so, with markets seeing prices surpass $590 this weekend, according to data from the CoinDesk Bitcoin USD Price Index. Overall, the digital currency has surged roughly 30% from its opening price of $453.82 on 27th May to $591.03 on 4th June, the highest since 10th August 2014. The digital currency reached this 20-month high after climbing roughly 6% the session before." As we near the Halving of the Bitcoin reward, will this create a rush to buy bitcoin? Here is what the Bitcoin bull thinks: - http://bit-media.org/bitcoin/bitcoin-price-nearing-next-psychological-level/   Bit-Media Connect on Facebook: https://www.facebook.com/bitmediacommunity
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