Post
Topic
Board Economics
Re: How much more fall is possible ?
by
nightways
on 17/07/2018, 05:22:25 UTC
Chose your words. If you use the word "possible", then the answer is ZERO. Yes, Bitcoin could possibly fall to zero. If you use the word "probable", then maybe the answer could be 3000$-4000$-
Exactly my thinking. When Bitcoin was 1000, then it dropped to 200 levels. I can see no reason it wouldn't drop to 4000 from 20 000 levels too Smiley
Price movement of cryptocurrencies is depending upon their demand rates which fluctuate when there is any increase or decrease in demand rate. These cryptocurrencies with increase in value indicates that its demand is going high and the current market situations are going better as the demand rate in increasing and price is also increasing. Fall is also possible here if there is any decrease in demand but we are looking for better market.