Post
Topic
Board Altcoin Discussion
Re: Drop of over $500 on the price of a bitcoin last 24 hours
by
rijaljun
on 20/08/2018, 11:23:15 UTC
With mixed sort of news coming, bitcoin fell sharply last 24 hour breaking all the so called resistance point of 6500 and 6300 to reach around $6K.
Where next? Below $5K or rise back to $10K?
My opinion, Bitcoin will remain on range 6k-7k until good news about ETF is coming. It can deliver Bitcoin to about 8.3K and when it is approved, Bitcoin can easily back to 10K USD. I believe, Bitcoin could reach 10K USD by end of this year.