Post
Topic
Board Speculation
Re: Bitcoin dropping like a stone
by
Hazir
on 27/03/2017, 15:32:12 UTC
Sadly, bitcoin is really looking to stabilize below $1,100 and it did not retain the $1,200 levels. So far right now there are plenty of alt-coins that are stabilizing at their current levels and seems that right now is looking to be an image of what are the baselines. Well, it is still a good level in my opinion.
Sadly? I think this is pretty fair outcome, considered pretty uncertain situation we are in.
We should be pretty happy that we didn't witness crash to the sub ~$800 levels, and instead we had consolidation and recovery.
I am not sure that current price shifts of bitcoin are caused by potential fork eventuality or rather actions of Trump administration.