Bitcoins going through the roof!

Well there she goes again, bitcoin is soaring to all time highs this week, but at what cost? Sure this increase it pretty great but i don't believe it will keep climbing before it falls.

If you look at this chart you can see that bitcoins spike is absolutely massive. This is great for sort term pump and dump people, but if your wanting it to go higher i don't think it will be going anymore higher until theirs another drop. We've seen this many times before, bitcoin gets this surge of price increase and everyone starts freaking out but then it drops off and everyone gets pissed. I do believe that if it does drop it will recover over time and go even higher. Now all we can really do is wait because in the end of the day no one can tell if its going to go up or down