Post
Topic
Board Speculation
Re: BTC TO 3K$
by
wuvdoll
on 24/09/2018, 13:04:19 UTC
BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

Hey on what grounds have you reached this conclusion? Do you even have any conclusive proof to back your theory? This seems another attempt to rattle bitcoins investors by making vague statements with no actual information. If you're observing current trends there're pro bitcoins activists on board in the Sec, which means sooner or later Bitcoins ETF will get approval. In news also we're seeing many major corporations, countries are looking at bitcoins as a future currency, so bitcoins prices shall shoot up not down.
Apparently, I do not expect him to have any concrete proof to back it up, except of course where the wedge converges to is towards $3k but that simply does not mean the market would get to that stage before it eventually picks up again. Bitcoin market is trading around $6500 like a rock and this is the more than enough proof that $5800 is still remaining as a big resistance hence we never need to worry about $3k levels.

For what it is worth, I want to believe that we are in a situation where nothing is certain at the moment, we have been seeing certain reactions in the market like the bears being rejected lately, and then who knows what is really going to happen next ?