Post
Topic
Board Speculation (Altcoins)
Re: The price of Bitcoin is starting to weaken, is it now the right time to invest?
by
cbcbct
on 13/07/2019, 11:34:30 UTC
Bitcoin movement is quite significant from a few months ago to staying at 10k
I don't think the decline will be too plunging and even the growth won't last until the price stays in the range of 10k or 11k. I have seen and monitored the same market pattern in the past few months. and this can be beneficial if you have the knowledge and experience for short trading.
In my calculation, Bitcoin might fluctuate in the range from $9,000 to $11,000 in the coming 3 months before starting its next growth. I could be wrong, but I believe in my own prediction, and will stick with it. The good thing I want to point out here is bitcoin price will be stable in next 3 months, which will create perfect condition for altcoins to rise.