Post
Topic
Board Speculation
Re: How far Bitcoin price will drop?
by
wilhb81
on 17/01/2018, 05:03:59 UTC
Previously, it was predicted that the cost of bitcoin could fall to $ 10,000. Somehow it was not very believed, however, the price of bitcoin has recently continued to fall and today, according to CoinMarketCap, it is 11,192 dollars. This is a record low price for the last time. In addition, someone deliberately plays to lower the bitcoin rate, including already repeatedly expressed the idea that the bitcoin development team ignores the possibility of correcting the shortcomings of bitcoin in order for its price to fall. Assuming that this is all done deliberately, then soon we expect a sharp rise in the cost of bitcoin. Just now there is an opportunity to buy it

Bitcoin price did hit the $10K support line a moment ago, but it's rapidly bounced up. Dunno, how long it's going to consolidate above the $10K level (it has the chance to retest the $10K in today or tomorrow...)

I've put some pending buy orders around $8K, $9K & $10K, then wait patiently for the mooning  Grin