Post
Topic
Board Speculation
Merits 1 from 1 user
Re: I believe BTC is going to trend down to $5,000 whats your thoughts
by
caberum
on 26/03/2018, 22:25:08 UTC
⭐ Merited by coinycoiny (1)
IMO BTC is going to continue to trend down and settle around a range of $4,500 to $5,500 at a new psych level. Reasons are slow adoption world wide from other countries than Japan and growing competition from alts. 

I agree with you, but not because of the reasons you stated (adoption and competition form alts) bitcoin will continue to slide lower this year and will hit $2000 a piece. The next rally will tke place after the next block halving in 2021