Post
Topic
Board Speculation
Re: Will bitcoin reach to $700?
by
Natalim
on 11/03/2018, 03:17:50 UTC
I am new here, will bitcoin price reach to $700.  So that we can buy it at good price.

Bitcoin for $ 700 seems to be impossible because you know the bitcoin demand is very high and when the price drops it is definitely instantaneously going to experience a very rapid price recovery and now it is entering a condition where bitcoin will try to recover the price and return to the price of $ 20k.
Impossible? I don't agree with that, there is a possibility but a less possibility because if ever we will reach at that level again
the investors will loss their confidence on bitcoin and bitcoin might fall, we do not want to happen so let's be positive and hold our position while the market is at dump.