Post
Topic
Board Speculation
Re: [POLL] Is the bubble bursting??
by
pooya87
on 06/02/2018, 05:03:52 UTC
The bitcoin chart looks like a gaint bubble that is bursting.
https://coinmarketcap.com/currencies/bitcoin/

Do you guys think the market will rebounce or will btc face $1k.

there was no bubble ever since bitcoin fell about 50% back in 16-17 January down to $9k-$10k price. it had already burst by then. anything lower than $10k is pure manipulation and panic dump in my opinion caused by a lot of FUD and lots of negative news that are filling the media and they are not even new!

with that said we are nearly at 70% drop! i wonder when this is going to end Cheesy

https://bitcointalk.org/index.php?topic=2777445.0
They call me crazy on this post, but in the end I was right.

you asked that on 18th where price was recovering from a drop and while the $10k support was holding pretty strong. i don't see anyone calling you crazy, nobody can predict bitcoin price but we go with what we see and with such an strong support holding the drop was not expected.