Post
Topic
Board Speculation
Re: Will Bitcoin go lower than 2k?
by
arpon11
on 13/12/2018, 07:09:23 UTC
https://www.coindesk.com/when-bitcoins-price-breaks-down-it-follows-a-pattern

Says that BTC might go down less than 2k is this possible and how fast will it go up?

I also saw that the ETF decision was postponed how long time do you guys think it will take for them to conclude a decision?
The reality about life is that everything is possible.  Having that rule out then we should look at the nature of cryptocurrencies and bitcoin in particular and how it price has been behaving.  Cryptocurrencies market is highly volatile and bitcoin can get to $2000 from the current price in just a day.  However,  it is also very possible that bitcoin should recover from it current state and resolve in a very high upwards movement in a day and more market capitals in just a day.  Trading cryptocurrencies market is very risky and making money from it is also very risky and that is why bitcoin should not be trading without carefulness.