Post
Topic
Board Speculation
Re: Bitcoin Price, What Next?
by
Eternu
on 05/07/2018, 12:23:10 UTC
Price of the bitcoin we see turn into green again. That chart is good example what ever happen to bitcoin even they have a lot of bad news like banning and decreasing price they recover and after weeks bitcoin is trending again and see the price become very high.
This happen in so many times this year, pump and dump and yet we are still recovering and this mean that this market will here to stay with us. The Chart is looking good, and the volume of buying is great this can be the beginning of up trend. Some other altcoins are also pumping, and now its time to move up and wait for the next price of bitcoin this month.
Maybe this is not recovering, but instead reaching true price of bitcoin. Also with increase of its price, its only matter of time before some big player decide to dump his/her coins.
Also I am not sure if we should expect big rise in bitcoins price so soon. I think that a little more time is necessary to pass before it could reach stable price over $7.5k .