Post
Topic
Board Speculation
Re: Bitcoin Price Prophecy 2018: Can cryptocurrency hit $40,000 this year?
by
rohnyaz9299
on 22/08/2018, 18:01:11 UTC
Undoubtedly, bitcoin will grow in the future. I'm not sure that by the end of 2018 its price is $ 40,000, but to return the positions to 20,000 actually this year, which will give a good platform for further growth.
All the weak hands will be out of the market after this bearish trend and only firm believers and investors will remain, which will provide more stability to the market. Bitcoin has strong support at 6000$ mark and strong resistance at 8000$ mark. If BTC falls below 6000$, the next stop will be near 4000$ and if it breaks 8000$ resistance, it will skyrocket and reach new heights. Let’s stay positive and hope for the best.