Post
Topic
Board Speculation
Re: Will Btc drop near 2k?
by
panju1
on 23/09/2017, 19:03:38 UTC
I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .

The problem with these ranges that you quote is that they don't hold for even a week usually. Bitcoin is a volatile asset and people are just looking for the next news item to drive it up or down. If we head downwards, we could break $3000 easily.