Post
Topic
Board Speculation
Re: 2018 v/s 2019
by
team87
on 28/01/2019, 13:41:03 UTC
in 2018 jan 28  the bitcoin price run was 500k+ $  increase. in 2019 it was much smaller at 3434$ only but still very much a run. 2019  also had.  also note at the lowest point in the last bear market bitcoin never even got close to where 2019  started before the run up. the market low was found in spring of 2015 around $220 or 5x lowest than the start of 2013 however it was an 80% peak to trough. 
if history repeats 2018 will not rally, it will simply be a consolidation year. weak hands will be shook out. difficulty may even fall on many alt coins. maybe even bitcoin. we may have seen the low at 3k $  and we may even test . . i'm sure a lot of miners would shut down. network traffic would fall. 80-90% of altcoins would die.
And now the price of bitcoin is in the range of $ 3500. Do you think bitcoin will drop below $ 2000 ?? I hope that 2019 is the year of recovery, there is no other word for me except to survive and continue to wait for prices and the market to go green. Thanks!