Post
Topic
Board Speculation
Re: Bitcoin cannot be reached 20000$ this year??
by
patispace
on 04/06/2018, 22:51:16 UTC
We do not understand where are going to bitcoin ?  last few weak bitcoin again up to near 10000$ but today bitcoin down and its already gone under 9000$ . So i think bitcoin never reached 20000$ this year .What are u option about it please explain?
I think you should not be so excessively pessimistic, because you should keep in mind that no market in history has been characterized by continuous and consistent growth for many years, but there are periods of great volatility, but approximately 80% of the time the markets move in ranges, as today's bitcoin is doing.

In fact, if you start to review the bitcoin's historical behavior, you will notice that during 2015 and 2016 bitcoin was very little volatile, so you should be mentally prepared to see a price around $9,000 for many months before that it resumes its bullish career towards new heights.