Post
Topic
Board Speculation
Re: Bitcoin correction
by
jc89
on 14/12/2017, 22:45:07 UTC
With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?

I'm not saying go to 1,000$ but crash back to 10k?

And I know no one can predict anything... I'm simply asking for opinions...

A crash's probability would be at its minimum this time. There are no news that would trigger this. I believe there are no signs either.
If we could notice on the Bitcoin's graph, after reaching 17k, it went down to 15k level and began climbing again after that. Bitcoin stays at the 16k level for a while and is not having any significant drops since then. So it is safe to say that Bitcoin is somehow stabilizing at the moment. Bitcoin might drop but will not go under 13k.