Post
Topic
Board Speculation
Re: John McAfee Says- If Bitcoin Breaks 100k you can bet it will break a million
by
milewilda
on 26/06/2019, 17:04:42 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.
This is the most common problem for anyone on where if they do look the price is mooning they do like to see it all the way to the heavens without even
thinking on the possible correction that lies ahead afterwards if the momentum has weaken.A healthy market do have always a price correction and
its an inevitable thing that should be considered anytime.