Post
Topic
Board Speculation
Re: Bitcoin price in January 2020 will touch 10k, What do you think?
by
iv4n
on 01/01/2020, 14:38:57 UTC
As per several news and analysts ,
Bitcoin will touch 10k in the month of January.

Well, I think it is too sudden but who knows Crypto market is really unpredictable. Probably, after the halving Bitcoin and other cryptocurrencies will gradually regain and we will go back at bullish market however, it is still vague so better if we will still prepare for this. Much better if we will hoard more cheap yet really promising coins for us to get a high return as bullish market comes.

In the past there were situations where bitcoin price raised in days for a couple thousand dollars. For bitcoin that wouldn't be something unusual to jump from this price now to 10k in day or two. Volatility means that price can drop in any time or it can rise, crypto volatility is one of a kind in the world, where prices can drop or rise for 50% or more in very short period of time. Some people claim that it's a pure manipulation with the crypto market, some say it's normal when so many people trade every day, some accuse whales for buying or dumping huge amounts of coins, either way we need to stay positive about the future of crypto, with time and with higher prices it will be harder and harder for people or groups to manipulate with the market.