Post
Topic
Board Speculation
Re: My prediction
by
tomahawk9
on 28/07/2018, 12:33:44 UTC
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.
It wasn't a bull run, it was simply a an increase in the price that lasted a few weeks, you can't call that a "bull run".

But I agree with the last part, I don't think we'll go below 6k, mainly because I believe we've found a new floor around the 6k-7k range. Obviously, this could change if the whales decide to start a massive btc dump wave, but I believe the price should hold pretty well around those numbers. I don't expect us to test low levels (6k or even the last bottom around 5.7k) in a very long time (i'm being bullish, I know).