Post
Topic
Board Speculation
Re: 1000+ is anytime now
by
Zadicar
on 23/11/2016, 14:02:59 UTC
We are going to see a big surge in price and it will happen in a course of days, remember that last time we went from 600 to 1000 it took less than 15 days, so once it starts pumping and we get in the 800 territory, panic buy will kick in, 800 and 900 will go out quick and we will be sitting at 1000+, some people will panic sell at 1000+, it will correct a little, less than people think, then the people that missed the boat will jump in as soon as it goes below 1000, pushing the price to the next ATH.
I dont think so that the surge  would happen again the same on the previous years of bitcoin especially on year end part. Even we saw the price is increasing and we are on a bullish trend its doesnt still guarantee that we could able to reach $1k in no time.Huge adoption would really be needed to achieve this and there were no more panic selling and buying because bitcoin as of now does have a strong  support and resistance. Breakouts wouldnt possible in a short period of time.