Post
Topic
Board Speculation
Re: What will become of Bitcoin if the price keeps falling?
by
chainedblocks
on 25/09/2018, 12:06:29 UTC
If it keeps falling, there is no end of it. if a big crisis comes, the bitcoin is about $ 3,000. and a lot of altcoin is garbage. and it takes quite a long time to recover.
I do not expect falling price to continue, we have stabilized above $6k and I think we have reached the bottom line and will not go down below that, I think all users also know that? so they will continue to guard the market so that there is no panic selling happen again..
Even if falling price should continue, that would only bring about room for us to buy more as the case may be. Nothing is certain yet and all we can do now is to see where the market really leads. I would not say the price may not fall further as it still has some more room to fall if the bears are given the chance.

I guess we all saw them trying to strike a while back and then the bulls taking over again. If the price falls, believe me the smart ones will definitely take it as an opportunity to buy, and there is certainly no doubt about that.