Post
Topic
Board Speculation
Re: Why Bitcoin will not hit 20000 soon?
by
xcajun21
on 01/08/2018, 20:13:36 UTC
On the contrary, there was panic last year but price eventually went up to such height and the same increase will repeat itself. I think we are rather going to have a bullish.
The price of bitcoin is cannot be predicted because bitcoin is volatile, volatility is normal, it means that its price is unpredictable to know if its going to increase or decrease. The price of bitcoin will maybe increase or decrease before the year ends, just like last year. Lets just hope that bitcoin will increase and reach its peak just like last year or even higher than that.
History repeats itself - is that the key to understanding the future lies in a study of the past, or that the future is just a repetition of the past. This is one reason people may predict that bitcoin will reach back the ath. IMO, it is also possible the market would be flat for a while, because right now is a lot of action. After a storm usually silence settles.