Post
Topic
Board Economics
Re: Bitcoin is heading back to $6k
by
Goxten
on 22/05/2019, 18:16:35 UTC
Bitcoin will not return at $ 6000 anymore. I can assure you. Our crypto market is being trusted and invested by many investors from many countries.
The inflation rate is getting higher and that is similar to the more people want to buy more BTC. Its price will soon reach $ 10,000 in Q4.

That is something that no one can assure, In cryptocurrency anything can happen and see how it jump from 3.5k to 8.4k in just 2 weeks so a reversal could happen anytime when the leased we expected. The best thing we could do is to keep watching the market movement and to set our stop loss in our most comfortable price.

Can Bitcoin fall again to 3.5k $? What do you think about that? What is the probability of this? If the price starts to fall, then people will start buying Bitcoin right away and will not allow the price to fall. As after the price increase to 8k $, the belief appeared that the bullran would soon begin.