Post
Topic
Board Speculation
Re: It's not too late to sell
by
Slow death
on 28/06/2018, 21:18:44 UTC
I think bitcoin could well reach $2,000 - $3,000 if this $6,000 support get's broken.

Why do you think the price could fall to $ 2000? if I remember correctly, last year when the price was  $2000 -  $3000 we did not have the japan and south korea, we did not have much demand that we have today. bitcoin was ignored by the governments and today there is a lot of demand. So I think the price may fall below $6000 but it will recover. Now dropping below $5000 will be a huge disaster

If you would sell now chances are high you could buy back and thus double your btc holding.

With that you are only creating panic in people.

$2000-$3000 is impossible now because all the institutional player and whales will probably buy bitcoin at $5000-$6000

nothing is impossible

but I think it is early to buy for the long term.

This is a good buying opportunity.