Post
Topic
Board Speculation
Re: What if bitcoin seems to average about 7500 USD
by
tomahawk9
on 15/09/2018, 11:10:16 UTC
What if bitcoin seems to average about 7500 USD or so over a very long period
I'd rather have a long period of consolidation around that price than constant up and downs. But we know it's not gonna happen, bears will be too eager to see prices going down to trigger a massive sell-off so that other bears can buy cheap, while the bulls will get bored of seeing the same number for such a long time and they'd want to trigger a btc rally. At the end of the day, the market cycle will not allow the price to stagnate at 7500.