Ninjastic
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Board Speculation
Re: Bitcoin has now gone 173 days without a new high.
by
ASHLIUSZ
on 14/06/2018, 08:48:04 UTC
Quote from: jrrsparkles on June 14, 2018, 08:26:18 AM
Quote from: First77 on June 11, 2018, 02:44:40 AM
Quote from: DamCryp on June 07, 2018, 11:52:22 PM
"Bitcoin has now gone 173 days without a new high.  Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run.

Bitcoin fell from $7500 to $6700 today. If bitcoin goes to $21,000 it will be in year 2030 only
Actually I didn't even expect the price of bitcoin to reach $20K in 2017 itself because at the middle of 2017 we are speculating that bitcoin will reach $25000 in 2025 or even more so now the people are more greedy after saw that growth so don't expect too much from your investment still I consider the current price is pretty good for it.
Agreed, similar speculation same as that mentioned by the above user was getting circulated around the forum. Later things happened in an unexpected manner taking the price towards a new ath closer to $20000. Once after that people realized the potential, and started to expect more from the bitcoin. This is the reason that has lead to a drastic change in the community. Hope, in the falling days the expectation will be fulfilled.