Post
Topic
Board Speculation
Re: Are we looking at Bitcoin down to $5K?
by
illyiller
on 11/10/2019, 20:58:36 UTC
Two weeks ago everything seemed like we were on a bullish trend towards a 12K mark. Now we're all fearing a 5K resistance level. Thoughts?

It just goes to show you how market sentiment goes. Rise $1,500 and everyone thinks we're going to the moon. Fall $2,000 and all of sudden we're headed to the earth's core. Chances are the reality won't be so extreme. I don't think we'll make it to $5K. I'm betting that any spike down into the $6,000s gets bought up pretty quickly.