Quote from: Crashing on November 26, 2018, 12:44:30 AM

Quote from: sajjad100 on August 22, 2018, 05:46:01 PM

Bitcoin To Drop As Low As $1500 This Year, Wall Street CIO Predicts

"I wouldn't be astounded if throughout the following year it's down to $1,500 to $2,500,"

Is this going to be genuine or not?

I trust that,

Everybody has the privilege to make a supposition and divider road is generally a standout amongst the most capricious money related instrument for a considerable length of time.

Despite the fact that they exchanged offers of genuine organizations whose profits are significantly more unsurprising, they for the most part experience air pocket and adjustment times where rich speculators get the benefit to the detriment of little ones. Furthermore, talk has been one of the significant weapons.

I doubt bitcoin will go to 1500 this year. But I'm expecting it to go to about 2000 on the next months, because the line passing now at about 1888 (crossing on the weekly charter 754 and 890) looks as the only support.

I'm not sure which lines you cross Wink

, but from my observations it follows that before the price of Bitcoin drops to $1500 (if it happens), the price must first rise to around $7000. If in the following weeks we see quick increases, unfortunately this scenario will be most likely for me. (If the price will grow slowly and stable i don't expect more drops)

Answering question from the topic - I believe that this year the price of BTC will not fall to $1500, but it is possible that this may happen at the beginning of next year.