Post
Topic
Board Speculation
Re: Bitcoin on the way to $10,000
by
justspare
on 21/05/2019, 14:13:43 UTC
Bitcoin will encounter more incidents on the way of recovery because there are always many things against it. However, like before, it will always pass to recover and will create new records.
Always is a big word here, at the end it need to find a value to settle with. The higher the ATH becomes the harder it will be to beat it.
Sign, I think you are right about this, if we look at the momentum bitcoin has been using to break other barriers from the point it started its bull run has not been the same it’s using now, it was quite so easy for it to break $5k, $6k, $7k barrier but been finding it so hard to break $8k, even after it retested $8k again, it still had another pull back and been around this now.

This makes me also believe that it seems that the higher the value of bitcoin gets the tougher it becomes to easily break other barriers, which may make us not see $10k easily until probably the end of the year.