Post
Topic
Board Speculation (Altcoins)
Re: Will Bitcoin hit the 6000 threshold before next year?
by
arpon11
on 29/11/2018, 17:59:07 UTC
There are different opinions as to what will be the performance of Bitcoin as the year comes to an end. Do you think it would go back to the 6000 threshold it has sustained for the better part of this year?
https://www.ccn.com/19-billion-gained-in-24-hours-crypto-market-makes-a-recovery/
I believe bitcoin is going to remain in $6000 trading area for the remaining part of the year.  We all know how it was limited around that level for many days before doing a surprised downwards trend.  It is recovering now and we should expect that to continue.  However,  it will be difficult for bitcoin to surpass the $6000 as many are in the opinion that bitcoin is going to get to $10,000 before end of 2018.
On the other hand bitcoin might fall below the current price as many speculators are saying that it is not at the bottom yet and some say the bottom is below $3000.