Post
Topic
Board Speculation
Re: Bitcoin down to 500?
by
crairezx20
on 17/08/2016, 16:41:48 UTC
I am guessing bitcoin will fall further and touch $350 next months unless some miracles happen
Perhaps but no lower than $350 unless it's a flash crash. $500 and $450 will both be strong support levels on the way down. After the drop, everyone here can celebrate about the cheap prices but for now just be patient.
it will be a good timing for us to buy more btc if the crash happen getting it for only 350$ would be a good start point for our investment i'm not worried about that because for sure before year end it will hit 800-1k for my personal opinion. good luck mate and keep monitoring the price.
I hope that the price will not hit that value but i believe that the price will not go down because many stores right now are accepting bitcoin and i think if they see the price is low they will buy a large amount of bitcoin..