Post
Topic
Board Trading Discussion
Re: Where next? Up or down!
by
stayeduptolate
on 17/11/2018, 18:52:39 UTC
The price will probably go up during the next weeks and it is going to go back to its previous levels, many are predicting a price even lower than what we are seeing right now but that doesn't seem possible because the more the price goes down the more resistance the bears are going to find from the bulls, so a price below 5000 is probably not going to happen.
Many people have predicted a price below 5k in the end of this bull run that is currently taking place and that it will have a negative impact on bitcoin price. But what i think is the same as of you that bitcoin price won't go down below the 5k range as there will be a rush to buy such cheap bitcoins as compared to when it was in the $10k above range, so I predict that even if the price go below current price then below 5k isn't possible at all in the future.