Re: Why the Bitcoin is still down?

Quote from: Heimer on October 01, 2019, 08:04:44 PM

Quote from: flyingplows on October 01, 2019, 10:48:32 AM

I feel its not over yet for Bitcoin. It may be less than half from its top price, but since there is nothing actually good enough plus popular plus trustworthy enough to replace it.. and general public interest in crypto currencies increases, so Bitcoin should hop to 20-30k soon, and that would be final top price Cheesy

I don't even know if I want to be right or wrong about this Grin

Bitcoin will definitely recover but no one can tell how soon it will happen. It could be month or two, it could be a year. The only thing that I am personally afraid is global recession which could start new downtrend for BTC

For me as well this is really normal to see the price high and low. It can sometime be high and low we should only know the perfect time to take step like selling and buying. I can see more investment is making price high because its all about number of sellers and investors when more people will buy demand will make price high again.