Post
Topic
Board Speculation
Re: IS BITCOIN GOING BACK DOWN?
by
Vaskiy
on 06/06/2017, 08:20:00 UTC
WHAT IS THE HONEST OPINION OF EVERYONE HERE?

WILL WE SEE A DIP BACK DOWN TO THE 1,500 RANGE OR NAAH??

SPEAK ON IT.

Most of this volatility is just normal for bitcoin and it does not worth stressed over simply because its temporary which is something that have come to stay with bitcoin at least for now until when we have enough entrants and the people coming in are not as much to change the market order. I am sure looking at the price now at this moment will give credence to this.

By looking our for its state now well provabilities that bitcoins price will never go down for this far since volatility on it is pretty much inserting its range so i would not think that this one will going to its upset state since it gains more strong trust to the community,Maybe we can see some little downfull but im pretty much sure that it will go back again and burst up for more.
One can't make a perfect prediction with the price move of bitcoin. The scenario could change anytime upside down, but the ongoing price increase seems to be the normal growth. A proof for this is the price sustainability after gradual growth, which happened around $2400 for a long and then moved forward. Going back down happens, but this is not the time.