Post
Topic
Board Speculation
Re: $5000 is not far away from us ;D
by
gilangIDR
on 20/08/2017, 04:35:09 UTC
last week only $3400, now it's $4400
even I don't buy cheaper coins at the end of july, but I am still win.   Grin

And now it's only $4100 again.

$5000 is never going to be easy to break. That is basically going to be half of $10k which is psychologically important for traders.

Growth has slowed down a bit, i think. And it was destined to slow down because of the fact that it was not going to be sustainable growth at all when all of a sudden you have a $1k increase in price in less than a week's time(actually half a week).

If bitcoin is going to break $5k, it's going to do it this year though. I'm just not entirely sure as to how much fuel is left in the tank to do so. This is resembling a bubble...
Bitcoin prices had experienced a significant decrease for 3 days. But I'm not worried because at this time bitcoin prices have started to increase, bitcoin prices will rise again and be comfortable at 4500 $. The current bitcoin price is like a wave, increasing and decreasing routinely in almost concurrent time intervals.