Post
Topic
Board Speculation
Re: Bitcoin go Down
by
Harper6
on 02/12/2017, 06:35:43 UTC
After the top there always a down...is it only a natural assetment of market or someone control this market and try  to cut off the new investitor of last period?
It quite as expected for the price of bitcoin to pullback after forming a new highest high although the volatility and momentum has decrease a bit this is as result of many holders capitalizing on the price hike and quickly sold off or dump some coins which resulted in dip pullback nevertheless the price will bounce back and push upward to $15,000 before the year runs out because presently there is massive buying in the market.
I think bitcoin is such a currency which always trying to reach on the top because bitcoin have almost nine years here and in this time period bitcoin try to hit all the records so its mean bitcoin is here to keep its value in market and that why everyone they are going to accept bitcoin because bitcoin change a life of thousands of people around the world and people are also going to support bitcoin for its high price so I think bitcoin will not drop.