Post
Topic
Board Speculation (Altcoins)
Re: Bad days for crypto
by
zeze18
on 25/11/2019, 07:15:20 UTC
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?
No, this will not happen again. When the price of bitcoin increased and failed to break the $ 15k mark, it indicated that the market would collapse afterwards and it was right. Now its value has greatly decreased and will continue to decrease. I guess its price will be as low as $ 5k4 hitting strong support. From there, the market will create a new trend and grow again in 2020.

Yeah i agree that bitcoin is not reach it's dip yet this year, it could go lower than 6k. But i'm sure bitcoin era is not over yet, it's still a big field for crypto player and the whales for digging money so i'm sure it will become hype again in the future