Post
Topic
Board Speculation
Re: Top 5 reasons why I predict a bitcoin bear market in Q4/2017
by
Yuuto
on 27/09/2017, 06:33:04 UTC
We have all witnessed the fall in price on September 14, part due to Jamie Dimon of JP Morgan and part due to rumors around China, the market was bleeding that day. Everybody knows that bitcoin is volatile, but I am sure that you didn't expect waking up that morning and seeing bitcoin down almost 1k$.


Read full article: https://steemit.com/bitcoin/@skydweller/top-reasons-why-i-predict-a-bitcoin-bear-market-in-q4-2017

Agree or Disagree?
Tell me in the comments Wink

I would disagree. The pump seems far from over right now, and in fact we are nearing teh $4000 mark once again. I'm almost certain that it will be able to breach that $4000 level and potentially go up to reach an all time high before the end of the year.

Though, i have the feeling that bitcoin may be in a bubble right now.

It's just that the bubble will not completely pop this year. We've seen it deflate a little but i would say that it'll go up even more this year before the potential crash next year.