Post
Topic
Board Speculation
Re: Bitcoin, the highest fall in the year 2018
by
ethereumhunter
on 03/07/2018, 06:49:54 UTC
Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?

If you are going to look at the past, most of the people or speculations are saying that bitcoins will go down and just die but still it managed to reach $19k dollar before the year ends so all we need today is just trust and belief.

maybe if we can learn from the history, bitcoin getting experience to the fallen in the Mt.Gox and it makes the price is down too deep, I mean it's really deep because, in that time, bitcoin reach $200-$300 per 1 bitcoin. and after that moment, bitcoin just stays in that level for a long time. and in 2015 (if I am not mistaken), the price starts to increase again and like what we see, the last year is the highest price for bitcoin. so, actually, we are still in the highest price if we take a look at the history and I think the price can increase more in the future.
Bitcoin  is still at highest rank in coinmarket and even if the price value has a great fall this 2018, but it is still in the average condition , so we can still trust the bitcoin and confident that price value will be recovering soon.
The lowest value recorded few days ago which was equivalent to 5.8k dollar and right after that fall the price improved a little to 6.2k dollar and then on the next day it came to 6.1k dollar and yesterday the price was 6k dollar. Today the price came back to 5.8k dollar which is the lowest recorded value and this is the second time it is touching the lowest price. However the price may increase in the upcoming days because the low price will increase the demand rate.

and today, the price reaches $6.6k and since yesterday, the price slowly to increase and maybe this month and the next month is the time for bitcoin price to rise again. I really like to see the "green" in the market and the price moving from the lower to the higher price and I hope it will attract more people to invest their money in bitcoin so the price can increase more and more.