Post
Topic
Board Speculation
Re: btc hits 5300$ but will it drop back below 5000$ ?
by
jumpsuitjoe
on 12/10/2017, 19:34:41 UTC
It's almost guaranteed to go back down. Below $5,000? probably. The split is going to cause a massive sell off as people flock back to alt coins after the hard fork and they get their Bitcoin Gold. I haven't seen buy spikes like this in a long time. The candles are ridiculous right now in the green. But just as quickly, right after the fork, people are going to want their liquidity back. So, I'm guessing it drops back to around $4,600 after the fork.