Post
Topic
Board Economics
Re: Bitcoin is heading back to $6k
by
tokoorochan
on 23/05/2019, 20:10:45 UTC
In the past several days, bitcoin have alreadyvreached the $8000 level, stayed a bit before it declined below the $8000. If this correction continues, it may go back to $6000 instead. But many believes that bitcoin may go to some healthy correction before heading to $9000 in the next quarter or earlier. This is a complete reversal of what happened last year and I hope that this kind of growth will continue till the year ends.
I also have observed that price of bitcoin has crossed almost 8k this year and it will be higher more than this I am sure it will not take much time to become more than 10k, it is volatility of crypto currency that gives us multi opportunities to overcome the fallen price, I like when price falls because I can buy it at low price.
correction will be our chance to buy more bitcoin or altcoin.we get lower price and we will get return if market continus bullish trend.maybe in this year we will see bitcoin price reach 10k$ again