Post
Topic
Board Speculation
Re: John McAfee Says- If Bitcoin Breaks 100k you can bet it will break a million
by
1Referee
on 26/06/2019, 12:14:24 UTC
right we wonder is this the last time we saw price of Bitcoin under 10k!? Maybe June 2019 will be remembered by that.

I doubt that unless the demand has increased by such a degree that $10,000 forms some sort of a fundamental floor.

If we look back, Bitcoin has always been generous offering people a second chance to buy at certain lower levels people don't think are possible to reach anymore. This doesn't mean that we will go back to $4000 or $5000 but a revisit of sub $10,000 levels is definitely not impossible. I would say that a price between $7000-$8000 is still realistic once the momentum runs out.

Of course, people don't want to hear anything about going back to sub $10,000 but you got to be realistic. Being a moonboy works against you more often than it helps you.