Post
Topic
Board Speculation
Re: Will bitcoin prices continue to rise? until what price?
by
Yakamoto
on 24/12/2017, 03:43:56 UTC
In recent times bitcoin prices have continued to rise very significantly. which is a question in my mind is whether bitcoin prices will continue to rise? or back down and up again? or is the price now the final destination? or how?
They'll be a mix of up and down because we're either just outside of a bubble or transitioning out of a bubble-like state for Bitcoin, and the chances of there being any sort of legitimate move are slim to none right now since everyone is being extremely volatile with their trading and the market can go up and down on a hair trigger, essentially. There's no way to tell you what will happen definitively aside from telling you "it'll be like it always has been".

You'll have to wait to see the big picture in the future here, it might be a repeat of 2013 it might not be. PLay the market however you think it is best to do so.