Post
Topic
Board Speculation
Re: Bitcoin Will Surge to 62k!
by
jademaxsuy
on 19/06/2019, 10:20:35 UTC
"Although theories regarding any massive parabolic movements in the near-future remain purely speculative, one prominent analyst is now noting that Bitcoin could surge to above $60k based on historical price movements, which could happen as soon as Fall of this year."

-https://www.newsbtc.com/2019/06/18/bitcoin-historical-analysis-signals-that-btc-could-surge-to-62k-later-this-year/

This is some sort of speculation and some sort of technical analysis, do you believe that this might happen, for me the former ATH is possible but if this will happen it will truly shock the industry and the people who does not know crypto yet.
This is a purely speculations and basing only on the graph of bitcoin market price movement that had made ATH from the past specifically in the year of 2017. But, I do not think that it will going to happen for whales also are ready to sell their holdings once their target profit will be reach. Aside from that short term holders also will going to sale their holdings following the flow of bitcoin market price movement.