Post
Topic
Board Speculation
Re: Will bitcoin reach atleast $10,000 ?
by
tosmartak
on 12/10/2018, 11:40:37 UTC
Considering all the ups and downs which we are witnessing from last 8 months do you still think that bitcoin will atleast reach the value of $10,000 by breaking the boundary of $6,000 to $7,000 which is going on from the long time.

Approximately one month in that narrow a price range is not really a long time but there's probably going to be a little bit of a wait before the market picks up

There's good developments starting from November onwards but it's possible that the market will stay bottomed out until early next year judging by the current indicators
At this stage now, what is required is just patience! The market looks like the last red stick candle is not really having much power yet to continue with the drop in price, so the likelihood of maybe still seeing us inside the triangle moving sideways is still there. No one can actually tell yet how things would eventually end up until we get to see a break out, so until then, I guess we just have to chill to know where we are headed first.