Post
Topic
Board Speculation
Re: Btc reached the bottom for this week , correction and retest 3,000 $ ?
by
aTriz
on 18/06/2017, 08:55:16 UTC
Btc is correcting , may be we'll retest 3,000$ soon ?

Most likely, yes.

Price has been extremely stable actually for the past 2-3 days, i would have thought that it would correct a bit more but no, the price is pretty much settled at around 2500 USD per bitcoin in stone.

When there is stability there is going to be a pump in the near future. That's one of the first signs of a pump.

Is it going to happen this month? I don't know. But this year we'll definitely retest $3000, and whether we break it or not will depend on whether the user-activated soft-fork goes well or not. And if it doesn't break $3k per coin then it'll likely impact a lot of traders physchogically, driving the price down.