Post
Topic
Board Speculation
Re: Bitcoin unable to breach the $8000 milestone
by
BitHodler
on 15/05/2019, 23:42:16 UTC
It's impossible for Bitcoin to go down to $4000 again
Just like how "impossible" it was according to people that Bitcoin wouldn't fall under the $6000 mark? Bitcoin has proven that nothing is impossible here--at the very best, things could be pointed at as unlikely to happen.

I prefer to see the market consolidate around lower levels after getting rid of sub $5000 buyers. I'm sure that they will dump the moment they see the price comes closer and closer to their initial buying price.

however $5000 is still possible but I don't believe Bitcoin will re-test its support at $5000 area.
You think $5000 is still possible but don't believe it will be tested? Makes sense.... Roll Eyes