Post
Topic
Board Speculation
Re: The DEATH CROSS is in. How low will we go?
by
tomahawk9
on 22/03/2018, 01:43:08 UTC
We'll see $6000 real soon and i think we'll drop much lower even.
Talk about optimism.

Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?
Bitcoin has been recovering since last tuesday, price was 7400, we're now at 9k, even the 1w charts show a 14% increase in the price.
But just to be clear, the thing about MtGox is done, the trustee already sold enough btc to pay off the creditors, there's no future sale of the remaining btc.
Governments? have you read anything over the last few days or weeks that makes you think that goverments are doing something behind the scenes to stop the btc price from recovering? did you even read the statement from the G20 about cryptocurrrencies?
Criminals selling off? that's dumb.

Friendly advice: stop spreading FUD.