Post
Topic
Board Speculation
Re: Bitcoin crash after 10K usd?
by
Oceat
on 02/12/2017, 19:35:03 UTC
Bitcoin is now on the rise, but it could crash by any moment... Do you have any idea/comments when it could crash? Do you think bitcoin will crash after reaching 10K usd? Huh Huh Huh
The price has taken a dip after $10k already and now it's between $9600-$9800 in global market but this dip cannot be regarded as a crash which is somewhat associated with dumping of coin and price falling by thousand of dollars. So it is btc nature to be volatile and some correction is needed to do so and price boost afterwards the graph says it all.Some are waiting for more dip and some are hoping it to cross limits. See who wins the race.
The next dip might happen next year but the current price of that time before the dip may not exceed to $15000 since this is above average of the price. I think it applies to everything 'the faster you get to the top, the faster you will go down'. So by this means that too much hype of the price may not good to the economy because it will lead to a revolution.