Post
Topic
Board Economics
Re: Bitcoin price is recovering!
by
voztata
on 21/11/2017, 08:26:55 UTC
The value was going down really hard yesterday but it started recovering today i mean yesterday it was around 5k and now it is already back to 6.5k.
I think that the value will even go higher because the value will keep rising and more people will join the bitcoin.
It may continue to rise but it may be dump again in the future because there are many investors who exchange btc to bitcoincash.
Bitcoin recovery is a common thing that happens all the time. One thing about Bitcoin is that it falls, and when it falls and makes a recovery, it recovers to the extent that will surpass its last rate by far. That’s why I always trust Bitcoin and never panics whenever price is falling (but I don’t put 100% trust on it) I’m always sure that it will rise above that last rate it was sold before the fall, the only thing it takes is time.