Post
Topic
Board Speculation
Re: And that there, is capitulation
by
Edward50
on 15/01/2015, 17:04:37 UTC
I don't know what to think at this point.

I think the coin fell quicker than I expected and that it may be a while before going lower.

You also have people sitting with a lot of money with the idea to rebuy in.

I think that adaption and interest is falling in bitcoin so the price should still go lower, but it will take a while for peoples expectations to change.

I would say a rally maybe up to $300's, then volume should start falling and the falls should begin again. The coin is still way overvalued at this point.