Post
Topic
Board Speculation
Re: Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst
by
drachman
on 24/12/2019, 03:32:40 UTC
Crypto-trader and Blockroots co-founder, Josh Rager, believes it is highly unlikely we will see bitcoin price nosedive straight to $5k. Whilst he doesn’t rule out a drop to this level, in his opinion “there would be bounces in between.”

https://bitcoinist.com/bitcoin-highly-unlikely-to-nose-dive-to-5k-right-now-analyst/
And since when any asset has a tendency to go directly from one price to the other? Anyone that has ever taken a look at a chart knows that the price does not move in a straight line, it moves up a little bit and then it moves down a little bit as well as people are trying to discover what it is the fair price of bitcoin which is a never ending process, so this is not really too much of a prediction since anyone could have predicted something like that.