Post
Topic
Board Trading Discussion
Re: Bitcoin now below $10,000
by
rocketbits
on 11/12/2018, 07:51:46 UTC
For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.
I already have enough Bitcoin bought at a bit cheaper rate and I don’t think buying more would be a good idea, and by the way the price has been dropping since then without going up. ETF hasn’t been approved yet, might be approved in 2019, next year, so that might be the reason why the price has been dropping. Don’t know if there’s still hope the market will recover this year, maybe that would be next year.