Post
Topic
Board Speculation
Re: Bitcoin is anticipated to raise $10,000 sooner
by
magneto
on 01/08/2018, 21:09:22 UTC
Bitcoin break past the $8,000 mark. Do you think the price of Bitcoin will break the $10,000 mark sooner? Will it be worth it to get more bitcoin at this price?

I don't think that it is a prospect in the next few months.

Given enough time though, it's a no brainer. But $10k, as both the major resistance, and a huge psychological barrier, is most likely only going to be hit once the recovery starts, which could be a while. I'm fairly sure that you're asking this question in the context of the "near future", so no. The bearish sentiment continues to dominate the markets at the moment.

That said, I do think that it is a great opportunity to stock up on coins or long positions on BTC right now, because prices are extremely cheap I believe if you look at the bigger picture here. Start buying regularly right now in bearish conditions is definitely a good idea.