Post
Topic
Board Speculation
Re: Bitcoin back on track?
by
BitcoinHodler
on 06/07/2018, 11:03:51 UTC
Do you really think that bitcoin will really reach 9k this year or more ?

Why $9000K? Why not $20,000K? Doesn't sounds realistic to you? LOL.

Let's look at the current price, based on cmc its around $6600K. So in order to get to $9000 we need at least $2400 in the next 5 months or so, so approximately around $500 a month increase. Does it look like realistic? Of course, specially if you are a very bullish person. Heck it can even get above $10,000 is everything go on our favor (positive news coming, LN, Segwit etc..).

i can't tell if you are sarcastic here or serious!
but $500 rise per month is going to be between 5% to 7% increase every month. that really isn't a "bullish" move for bitcoin. it is the smallest rise that bitcoin can have in such a time frame! normally in a bullish move we have 40-50% rise per month at least.
so yeah that can easily happen!