Post
Topic
Board Speculation
Re: Bitcoin Future
by
aqchy1972
on 26/02/2018, 15:59:14 UTC
I have read many opinions about the future of bitcoin. Others say no longer the bitcoin will cost the price gradually fall somewhere to conclude that the end of the year the bitcoin price is higher than the price expectation of people. Do you think the price of bitcoin will climb beyond the previous price of 20,000 dollars?

#Datarius

At the expense of 20 000 I do not think that bitcoin will reach such  mark and higher. To me even for some reason it seems that he can fall down in value over time.

Yes.  Definitely price will cross 20K level. As we saw a parabolic rise, the drop is imminent. We will see several peaks and valleys and finally a panic selling climax. Then market will test its supply several times and finally it will again take off. Don't worry. Again lets check the supply. It is nearly 17 mill out of 21 and rest 4 mill will come at a very slow rate as block reward will be halved on regular interval.