Quote from: MathGame on October 29, 2019, 11:55:21 PM

Quote from: bolajiy123 on July 27, 2019, 10:11:13 PM

Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?

Well, I don't think the bitcoin price will reach $20,000 by the end of the year but $15,000 is possible. There are so many ups and downs recently in the cryptocurrency market. Perhaps, the bitcoin price will reach $12,000 to $15,000 by the end of the years due to the current China FOMO.

I am not so sure I understand the China FOMO, yes there were some statements which indicate they are interested in the blockchain technology and it seems they will release their own coin, but it is not like they are adopting bitcoin or any other decentralized currency, China is doing what it can to take control of their citizens in the best way they know how, by limiting their options, I could be wrong but when investors finally realize that China is not really interested in this market the price could go down.