Post
Topic
Board Speculation
Re: Will Bitcoin go lower than 2k?
by
Epimetheus
on 25/12/2018, 17:03:00 UTC
I think bitcoin won't fall at 2k even though the market is very bad this year, 2018 is almost over and will enter 2019 and bitcoin will open a new sheet and be more likely to recover.
No one can say what will happen in the coming future and moreover bitcoin's value is very volatile and it depends on a number of factors.How much investment is done in bitcoin determines its price.The forces of demand and supply also play an important role.If bitcoin is being banned in any nation then also it will affect the price.But I do not think that it will go lower than 2k.It has a lot of followers which support it every time as it gives them good profits.