Post
Topic
Board Speculation (Altcoins)
Re: bitcoin back to $500 is likeley
by
Yaunfitda
on 14/06/2018, 22:13:31 UTC
It looks like bitcoin will have a very strong dip and be back under 1k.  My prediction is telling me it will fall to around the 500 dollar range within a month.
You do not know about the crypto market that is why you are creating post like that. The price dip only because of some higher sell off because of the Eid festival and now the price is on rising again because now no one will want to sell it.

I just laugh at the OP's prediction. I don't know if you have been in the market for so long that you can predict that the price could go as low as $1K. I just look at the replies and almost all of us here have in consensus that the price will not go and be back at $1K.

As far as Eid festival though, it's already proven that holidays or festivities doesn't have any correlation on the price of bitcoin. Everyone thought that the Chinese Lunar Year will bring some good news, however it is not the case.