Post
Topic
Board Speculation
Re: Now That We're Above $5000, how long until we hit $10,000 BTC
by
jrobi4life
on 13/10/2017, 09:47:26 UTC
No doubt BTC will reach 10k someday but in order to reach that value, BTC must go down again to make futher accumulation to pump at 10k.
10k this year is impossible,, BTC has a chart pattern he walk to.


I would never use the word impossible when talking about bitcoin.  The rules that apply to forex and stocks don't apply the same to bitcoin.  When have we ever seen a chart like this before?  Just looking at the supply of Bitcoin compared to the interest it has around the world it could jump up $10,000 in one day.  It's now on every major nation and investment firm's radar.  It's really just who's going to capitalize first.  What if a company like Goldman Sachs decided they were going to quietly buy $50 Billion in Bitcoin one day. Or a government like China decided to buy 100 Billion in Bitcoin.  Both of these are totally within their power and would send the chart vertical.