Post
Topic
Board Speculation
Re: BTC To Under 100$
by
Oceat
on 24/01/2019, 23:18:11 UTC
BTC To Under 100$

It will not happen. Why Bitcoin price did not go under $170 in 2015 when was last bottom?  Because there was a bottom. Price dont go under bottom unless something drastically change.

There could be a drastic change under way. That's what permabulls don't realize. Until the 2015 lows are broken, it's still officially an uptrend and bulls can cling to that. The trend is your friend until it ends. Of course, there's no guarantee the trend will sustain forever. That's why I think it's important to always take some profit out of the market during bubbles. If Bitcoin fades away and heads back towards $0, it would be a damn shame to be a hodler and give back all your unrealized gains.
We all know that it won't happen, right? Shifting price drastically is a bit too much, we all know that it will go down slowly before it goes back to $0, but $0 is too much just think about it and you will figure it out. It is not just 1 person or group making the fluctuation of the market.

Making this kind of post is not really an eye-opener but it might be the cause of FUD to some weak-handed people.