Post
Topic
Board Speculation
Re: Bitcoin - Bullish or Bearish 2018
by
Edward Finney
on 08/05/2018, 21:43:59 UTC
I've been keeping up with Bitcoin and investing for the past year, and Im wondering if anyone thinks it will drop back down to 6 - 6.5k in the upcoming months?
 I've read a lot of projections and there is a mixed consensus but several "vets" agree it's due for a big drop.
What does everyone think?

Id say im bearish short to medium term. I don't think the correction is over to be honest. Still allot of weak hands in the market from the highs we saw in January. I think a drop below 6k is needed to flush them out to see a new cycle come into play. The market seems to be in limbo at the moment.