Post
Topic
Board Speculation (Altcoins)
Re: Can BTC reach 12$K? And how about the altcoins?
by
tins
on 02/11/2018, 16:06:22 UTC
Do you think BTC can reach $12K at the end of this month? If not, do you think when will it happen?
How about the Altcoins this month? Is it the time to invest? I really care about it. Thank you for your opinion.
Seems to be impossible even at the end of this year. At this point wherein expectations of the recovery are thought to happen, but it is not, increase or bull run might no longer occur for this year because there will be no enough time for coins to fully recover from the continuous downfall. So maybe, we should wait for a lityle longer next year.

Compared to current prices and at the end of 2016, Bitcoin has increased six times, so going back to $ 12k this year is very unlikely. The market needs longer time to recover that price. When Bitcoin returns to $ 12k, many other altcoins will increase, so it will take a lot of money for the market to do so.