Post
Topic
Board Speculation
Re: Bitcoin's bottum price?
by
aso118
on 18/03/2018, 17:27:40 UTC
Today Bitcoin almost reaching the lowest price on 5 Feb of $7,200. Check out chart: https://www.coinranker.net/cryptocurrency/bitcoin

Will Bitcoin get lower from this point or is the dip over?
I think the price crisis will continue, many investors are afraid of low prices and fear this will continue. but I am more optimistic at this point. $ 7k I think will be the lowest point this year. and saves a lot of hope for bitcoin to the moon

I think it might go a little bit lower to around $6,000 levels. The downward momentum is high and we do not have too many positive drivers to compensate. The blood bath in alts is much more severe, but the outlook isn't looking too good for Bitcoin as well. I do not agree with the doomsday predictors who think it will go to $2500 levels, but we still have some distance to go on the downside.