Post
Topic
Board Speculation
Re: Bitcoin at $9,000 by the end of the year
by
tomahawk9
on 09/03/2019, 01:47:34 UTC
Why wouldn't it be possible? We have big resistance at 4250$. If we pass that we are easy above 6k. And with btc halving getting closer price should only rise!
 There are no reasons for new lows nowhere on horizont!
There is a chance to see 9k, there's also a chance to see 2k, and maybe we'll see 20k...To be honest, we just don't know what the price is going to be at the end of the year. Current market prices are not indicators of an upward movement in the future, once we go past that resistance level, we might condolidate around that mark for a very long time, or we could go down again as people will begin dump to cash out profits.

Anything can happen in this market so don't be too optimistic, you sound like someone who just discovered bitcoin last week even though you've been in this forum since 2017, you should know how the dynamic of this market works.