Post
Topic
Board Speculation
Re: Can bitcoin break the $8000 margin before month end?
by
BitHodler
on 22/07/2018, 22:40:23 UTC
Obviously there is a huge possibility that it will reach $10k this year or much better if it could be more.
Currently there are an equal amount of scenarios where reaching $10,000 is possible and where $5000 is possible before the end of the year. In both cases it's either $2500 up or down.

It seems to me that the market has been driven up by existing money instead of new money entering crypto, which is a bit worrying actually. It makes me feel less comfortable with current levels.

Good thing is that I have enough fiat ready to be put in action in case the price drops, and that's the most important thing. If you have fiat ready you won't ever be shocked or disappointed by a correction.