Ninjastic
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Board Economics
Re: The implications of the market condition
by
maydna
on 07/02/2019, 02:36:13 UTC
Quote from: Robotbitcoin22 on February 06, 2019, 11:58:09 AM
Quote from: Idrisu on February 05, 2019, 07:43:15 PM
Quote from: MarcusGates on January 24, 2019, 03:30:39 PM
Expect capitulation for BTC down to $2000-1800 in February.

Thats where I think the bottom is
Bottom be as low as that point is not the problem but is bitcoin going to recover from that point should be our concerns.  If bitcoin fall to $1800 is it going to recover this year or not and if it is going to recover will it goes as higher as $20,000 again?
Everything can happen. but indeed in my personal opinion to be able to break the price of 20k usd again this will be very difficult because right now the decline in bitcoin is quite deep

I guess when the bull run is coming, the price still very difficult to break the price of $20k because we see the big gap in the price itself. But it could happen if there is any good news of bitcoin that will make people out there realize the benefits from bitcoin and suddenly they join in the bitcoin. We could hope that it will happen in the future so the price can increase higher and perhaps it will be more than $20k.