Post
Topic
Board Speculation
Re: Will bitcoin get to $10,000 this year again?
by
alentmay
on 11/10/2018, 13:43:47 UTC
For the past three weeks bitcoin remain a little bit above $6,500  and there is no effort to push above $7,000. I believe that the next breakout may create another market directions that should push bitcoin above $10,000 if the breakout is bullish or dump it to $5500 area.  I will like to know your view if bitcoin will get to $10,000 this year again.
Just because there have been good news doesn't really mean bitcoin hasn't been doing anything. Sometimes big players deal in over the counter prices and gather a lot more by changing hands and you do not see it changing hands.

However if you are worrying that bitcoin is not doing what it suppose to do during good news days don't worry because even when the china ban happened after couple months bitcoin reached the ATH prices and when etf got rejected it didn't move a bit downside neither. So bitcoin is news-prone which means it doesn't move according to the news neither upside nor downside no matter what type of news it is.