Post
Topic
Board Speculation
Re: Once we hit $1000, how far will BTC drop?
by
senyorito123
on 26/12/2016, 11:49:37 UTC
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).

The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?

My prediction for this price pump. It will drop to $700, 'coz BTC now is in demand so that's why it won't drop to less than $700. And now based on observing the btc pump is predictable 'coz of the christmas holiday. Anyways just a newbie on trading, but has a year of experience. I won't contradict with the pro's here 'coz they have more experience than me. Anyways Happy Holidays Smiley