Post
Topic
Board Speculation
Re: The Case $7.5K Could Become Bitcoin’s New Price Support
by
Kemarit
on 01/08/2019, 10:00:01 UTC
Amidst a decline in the price of bitcoin, the world’s most valuable cryptocurrency could find support at $7,500 – that is if it follows past patterns on the charts. I also think that...
(source: https://bitcoinbd.org/75k-co-the-tro-thanh-muc-ho-tro-gia-moi-cua-bitcoin/)

We have read so much speculations about the lowest price that Bitcoin can get specially when the rise started to slow down and the price tanking or trading sideways. I'm sure no one see the price just hovering around 5 digits when it hits around $13800 and people very excited about it.

So technically, it's possible to see the price even go lower than $7500. However, you really need to think what might causes this dramatic fall? Are whales manipulating again, or it is just investors and traders loss confidence again? Are you ready to pounce and buy more if we see that price?