Post
Topic
Board Trading Discussion
Re: Bitcoin trading velocity constantly rising since December.
by
Oceat
on 06/03/2019, 18:34:28 UTC
In the middle of this, someone predicted that we will see new low ($2k or $1.8k) after we break the $4.2k resistance. I don't know how they arrive at that conclusion but I'm pretty sure if the momentum keeps on going like this, that would likely never happens.


Don't worry, it won't and since most everyone was speculating while making a new conclusion that would create a new FUD just because they say. I believe it won't matter since there are whales and we got a lot of people adapting Bitcoin just by looking at that source. A $2k might be possible but $1k+ is too far from the truth.

Many of us believed already that Bitcoin will survive after all of this bearish trend and those who quit is not our concern since they were too naive to think Bitcoin would really die just because someone said it.