Post
Topic
Board Speculation
Re: I believe BTC is going to trend down to $5,000 whats your thoughts
by
HeRetiK
on 26/03/2018, 22:33:24 UTC
I think worst case we'll see a double bottom at around USD 6,000,- but I'm actually a bit hopeful that Bitcoin will be able to hold the USD 7,000,- to USD 8,000,- levels. Then again I might be a permabull.

BTC dominance is up again from 3x% just a couple months ago, so I doubt that alts are much of a factor.


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

The next halving is 2020. Unless you meant to say that the next rally will happen in 2021 after the halving in 2020, in which case I apologize for nitpicking.


Also, you post this right when BTC starts pumping its way back to $8,500. Bad timing dude.

Shhh, don't jinx it!