Post
Topic
Board Bitcoin Discussion
Re: What will happen to bitcoin in the near future?
by
KnightElite
on 12/05/2018, 13:33:48 UTC
Recently, bitcoin has been showing steady growth. He slowly overcame the first resistance line of $ 10,000, now approaching a new line of$12,000.

I see two options for further developments.

1. Bitcoin consolidates above 12000$ a sharp increase in prices that will allow Aldona to begin to move forward.
2. Bitcoin goes for correction to$ 9500 and breaks new heights with new forces.

Here's my technical analysis chart. Who that thinks?
https://www.tradingview.com/x/D9TGyKlY/
We all know that the bitcoin has limited supply, I am really sure that the price of the bitcoin will become more valuable as time passing by. There are many rumors that the price of the bitcoin can reach $100,000 per each. I think it is the reason why we should hold bitcoins.