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.
Looks like the opposite and I believe it is highly likely we will never see 1500 again, but we certainly will see 3000 very soon and 4000 not long after. The next big correction or crash in my opinion will only bring bitcoin back down to the 2000 range.
Other than profit booking by some whales, I am not finding any negative things which may drag the prices back to 2000 levels. A correction around $3000 is inevitable but I do not think it may last till $2000. Prices may come down up to $2600 levels after hitting $3150 ranges. I am sure bitcoin prices are heading toward $5000 levels and we expect that to happen before end of June.
I am sorry to say that I dont agree with the point that the prices are going to hit $5000 till the end of June. There is no doubt that the price of the Bitcoin is increasing rapidly but still I cant say that it is going to touch $5000 soon. It can only happen if a great development occurs in the Bitcoin acceptance as if some huge economy recognizes and legalize the Bitcoin as Japan do. Otherwise I am not expecting it more than $3300 in the June end.