Post
Topic
Board Speculation
Re: Where will the price stop ?
by
timerland
on 28/06/2019, 22:12:59 UTC
Grin hey everyone I think it's time for everyone to be Happy and investing since the price is actually climbing over the roof now .

Well there are few quotes that I came along on the internet made by some major websites , lemme state that out for you :-

*This was quoted by cointelegraph *

"In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time"

But what do you think ?
Will the price stop here or just climb up Huh
Is it okay for us to have an unnatural price prediction??
What are your thoughts on it ?

I don't necessarily agree with the first part of this bolded statement, but I don't think that the second part is grossly inaccurate.

The fact is that right now, we're still a year from the halving, which would have normally been the starting point of a bull market. But instead, I think that institutional investors as well as longer term holders have already driven prices up because they realize the magnitude of this bull market, and they're seeking to capitalize early on.

I think that breaching the ATH will be inevitable, seeing the fundamental improvements that BTC has undergone, as well as the influx of institutional interest in building services (albeit trading ones) around BTC. I wouldn't jump to an accurate figure, though, because that would depend on the level of FOMO shown by retail investors.