Post
Topic
Board Speculation (Altcoins)
Re: The bears are running the show
by
Fedrey
on 24/06/2018, 19:18:31 UTC
Where will they takes us!
4400 for Bitcoin is my guess!
No, $4400 is highly unlikely the possibility. If the bearish trend takes over from here, we will see $5200 as the lowest support. If that happens, we will see a massacre in altcoins. But BTC will bounce off from that. However, I think bulls will overpower bear at $5800 and won't bring further dump. Moreover, with the entry of institutional money in near future, we will see a trend reversal with increased buying volume and might enter a bullish phase.
it is better not to predict such figures, because already all users of the crypto currency are panic-stricken. I understand that all our assets are bleeding, but there's nothing to be done and we just need to wait for the market to stabilize.