Post
Topic
Board Speculation (Altcoins)
Re: What if the bull run started and ended in one night?
by
Cnut237
on 19/02/2019, 08:02:13 UTC
I know it is basically impossible but what if, while you slept the bull run commenced and the price of Bitcoin climbs to $50k and then goes back to $3k just as you wake up. Then you see the charts for confirmation of what went down while you slumbered. What will you do by then? I want to hear your thoughts on this.  Grin

I think it's very unlikely. To hit that sort of price I think we'd need a lot of new money coming in, which means a lot of volume. I just don't think it would happen that quickly. In really thin markets, sure, you get sudden spikes... but BTC is bigger than that. At least I think so.