Post
Topic
Board Bitcoin Discussion
Re: What will happen to bitcoin in the near future?
by
cmacwiz
on 13/05/2018, 13:32:17 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/
I do believe that bitcoin has many years to come in the future and that it has very high potential. So I do think that in the future it’s popularity will further increase among the people. And its users will also increase because since bitcoin has started its popularity among the people has increased a lot and its potential users who are ready to invest in bitcoin have also increased regularly. This is evident from the increasing price of bitcoin.