Post
Topic
Board Speculation (Altcoins)
Re: bitcoin back to $500 is likeley
by
Killrbit
on 28/07/2018, 15:03:13 UTC
It looks like bitcoin will have a very strong dip and be back under 1k.  My prediction is telling me it will fall to around the 500 dollar range within a month.

Well who can say what exactly the bottom is. Of course it could go back under 1k but i feel that this scenario is very unlikely, as it would more or less mean a  complete reversal of the entire gains in 2017, and would by and large result in complete collapse of crypto markets for the next 3-5 years. I personally think a bottom of 3k-4k is more likely but again who can really say these things, and past trends do allow for 90-95% corrections as well even though the market was much smaller then