Post
Topic
Board Economics
Re: Bitcoin volume is still rising ?
by
South Park
on 26/08/2018, 16:23:40 UTC
Based from the chart, bitcoin should rice to $10k, then another consolidation for a much lower bear market. I expect Bitcoin to touch 3k before it will make a huge run to $100,000
$100.000?  Wow, you are very optimistic about the future of bitcoin.  I better start collecting when it reach $3k.
well it could not be possible that it could reach to that certain market price in the near future and also when you say that bitcoin market price will go 3k USD also will be possible. Which will come first and that is we do not know. Anyway we should stay positive and it will just going to happen if it is destined to happen.
Bitcoin is not going to reach 3k, those prices are not going to come back, if even the denial of the ETF by the SEC was not enough to move the price down at all even when we were close to its resistance levels then this means we have basically got rid of all the weak hands already and that from now on the price will go up, not by much because I do not expect a full recovery until a few years pass but a weak recovery will be possible from now on.