Post
Topic
Board Speculation
Re: bitcoin $50K by 2018, $100K by 2019
by
pooya87
on 08/06/2018, 03:09:29 UTC
In two months' time, we will never see bitcoin trading below $10K again

Funny, when we were at $ 17000, there were a lot of people who said we'd never see $ 10,000 again and today we're seeing the $ 7000. By that I mean that we can not say "never". and also I do not believe that in the next 2 months we will even reach the $ 10,000 and not return to the $ 8000. In my opinion prices will fluctuate in the area between $ 9000 to $ 6500 by the end of the year. About your prediction of the title I find it completely impossible to reach


logically $10k as the bottom was a good speculation in my opinion and although i have never said never without saying "this is bitcoin and anything is possible" but i also said we would never see below it! and evidence shows $10k was a very strong buy support that it took thousands of bitcoin to dump into it and break it successfully. i personally have never considered that drop natural and when this sort of major resistance is broken there is no stopping the  drop anymore.