Post
Topic
Board Speculation
Re: Why BTC to Under 1K$ soon
by
Stedsm
on 18/01/2019, 23:03:17 UTC
Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

Well, what are you putting your expectations based upon?
I don't really see BTC ending up there (at least not less than $1500 if it ever goes least), but I too have a bottom assumed in my mind for this year and it's not lower than $2950. We've got many good things like Bakkt and ETFs (yeah I know that I don't support regulations, but still, it'll bring in fresh money which will have the power to drive the markets crazy once again and the accumulation had already been done) and many countries are also in preparations of a new framework for crypto space to regulate as well as tax them (in other words, legalize crypto world). Even there's a news that BTC has now become a way of digiwar between Russia and US, and both of them are trying to gain as much BTC as possible to get a hold on the biggest share they may accumulate. There's one great news I'd like to share: https://dailyhodl.com/2019/01/18/crypto-hits-the-mainstream-shoppers-can-now-buy-bitcoin-at-us-supermarkets/

You still think it'll drop down that hard?