Post
Topic
Board Speculation
Re: Can we still expect more from bitcon?
by
uneng
on 05/06/2019, 18:43:13 UTC
I think we need to be more patience, its already great to see bitcoin moving up from 6k, a little correction during the process is a very normal behavior, so dont keep on expecting bitcoin price will keep on going up, the most important now is we see the potential not the price
Yes, the price won't pump so fast as many investors want. It takes time to rise with consistency. Bitcoin has already reached 20,000 dollars, so 8000 dollars isn't really too much, there is potential to reach minimum near 10,000 dollar this year yet, but once again, we need to be patient.
Some corrections like the currently one will happen, and a lot of panic selling will make them deeper, but it's not so serious. Halving is coming, lots of good news about bitcoin are being spread, so the market still has many reasons to be optimistic.