Post
Topic
Board Speculation
Re: Will Btc drop near 2k?
by
susila_bai
on 23/09/2017, 20:21:07 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 .
It not stable, now Bitcoin in neutral trend, therefore you do not see any signal or strong fluctuation on the market. Most of the traders are waiting the move of whales, I think we should keep our patience to see next move of whales too.
At present the price of bitcoin is in a stable manner growing towards $4000. While the price started to fall none expected that it will reach that low to $2900. All of the sudden the price once again started to pump and now this has been once again getting to reach $4000. On the whole patience is the must to benefit.

Ya it is true that patience is needed in trading and right now bitcoin price is moving between 3600 level to 4100 and breakout to any side will give bitcoin 500 ticks difference.