Will bitcoin drop hard? I am waiting to buy it.
I am thinking sell now 7280$ and buy back at 6700- 6900$. How do think about this strategy?
many peoples believe it will drop hard to 6500$-7000$
I don't think bitcoin will drop trememdously in the coming months. With the high demand of bitcoin due to the forking, bitcoin value will likely continuously rise up. If you are planning to buy bitcoin with your pocket money, then I think you should do it now. Also, do not sell your bitcoins now. It is better to hold it for longer time. Bitcoin price might drop for a while, but not in big amount. Maybe, it will drop from $7,200.00 to $7,000. It's not probable that it will drop down to $5,000.00-$6,500.00.