Post
Topic
Board Speculation
Re: WHEN will BTC rise again and WHY?
by
hurain
on 20/07/2017, 14:42:07 UTC
Ive been watching the markets sence bitcoin was 150$/BTC, i have been promoting bitcoin and the use of it for a long time, but why should BTC ever rise again? There have been a peak thru overbuying and now somebody has to pay = coin value drop.

Hard fork, soft fork doesnt matter the value wont rise above 2k$ again?
It wasnt meant to?

I have not sold my Coins but i dont believe in 4-10-100 000$ /BTC

The bitcoin price is constantly fluctuating. After huge increases like the ones we saw this year, there will almost always be a correction before another gradual increase. People will lock in their gains and buy back lower to increase the number of bitcoins they own. It's just a natural cycle. However, there is always risk with a new technology like this.
i think the correction period has already over and now the price of bitcoin has to increase more and more. and this time i am sure that bitcoin price do not have to wait and stay before 4000$, i am sure that the price of bitcoin will cross 4000$ continuously and is not going to stop.