Post
Topic
Board Economics
Re: why bitcoin price fall down?
by
jambul_kribo
on 03/05/2019, 12:31:50 UTC
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
Well, you’re wrong because that didn’t happen and it also doesn’t work like you have said, price doesn’t just start to drop because the another stock has dropped in value. As you can see the price in this 2019 just dropped to $3k plus before taking a turn and going up to $5k plus, and I strongly believe that the $3k was the bottom. It’s not going down again, this time around it will continue to go up and that is definitely going to be for a very long time, trust me.
This is true everyone expects that the price of bitcoin will continue to rise since it reached $ 5000 not falling below that value it is falling and rising slightly, I think the bottom now is $ 5000
i hope bitcoin price could continue moved up and break resistance on $6091.if this level broken i am sure it will be bullish sign at this moment.curent moment investors very confidence with crypto market again and we have to keep support this till market totally recovered.