Post
Topic
Board Speculation
Re: Will Bitcoin Restore it's Place in the Market?
by
MMA
on 25/07/2018, 23:31:11 UTC
I have been reading post and news that the Some people are saying that Bitcoin will not achieve its price as it was last years and some are saying that it will restore its previous glory this year.

What do you think in this matter?

Feel free to answer.

You can add pics videos and even news and posters.
Bitcoin will definitely increase again but it can not grow as strong as the end of 2017. That is not possible when the Crypto market capitalization is now too low and the world economy is in recession. So the whales have suffered a loss at this sensitive time, so the recovery of Bitcoin will also occur slowly.
Definitely it will go on and will reach towards its older place but experts say further that it will hit higher price than 30k dollar which reflects that it is improving and following its average improvement. As we can see its previous average data it is increasing with the passage of time so do not think more and do not fall in complications just invest in the current favorable market.
Bitcoin even not lost its position, then what it has to restore, i think that bitcoin is making its position more and more stronger as compare to other crypto currencies and the reason is because of the increasing interest of the people. To me i think that in near future more and more people will enter in bitcoin world, they will invest their money in bitcoin and therefore they will even make bitcoin more stronger than its previous position.