Post
Topic
Board Speculation
Re: Will BTC touch $8k - $10k??
by
tomahawk9
on 23/12/2017, 01:17:55 UTC
BTC has fallen too fast. What do you think about the current market? Should I wait for BTC $ 8k and buy?
It's very unlikely (but not impossible) that we go below 10k. Like we saw today during the 10200 dip, a lot of people were waiting to buy at that price so there was a lot of support at 10k, and if we go down again towards 10000, FOMO will kick in and money will pump the price up in no time. So, i don't think we'll see 8k.
If I were you, I'd wait a few more days to see if we go down to 10k or 11k again, but if you don't want to wait, the price right now doesn't look that bad (14k).