Post
Topic
Board Speculation
Re: discuss the market?
by
pixie85
on 14/07/2018, 20:31:24 UTC
The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?

I do not agree with your opinion. although bitcoin is falling deeper. but it can not down to $ 5500. I think it's only $ 6000 then it will rise to over $ 7000

How can you be so sure? Bitcoin would not have fallen below 10000 USD if not for the bans and hacks. If enough of them were to happen now, the price would repeat 2015 and drop below the point when the pumping had begun (5000 USD). I think that this point is the total depression and flatline for Bitcoin and it's possible that we'll touch it before heading up again.