Post
Topic
Board Speculation (Altcoins)
Re: January end , can BTCtouch 9k?
by
distr@yopmail.com
on 22/01/2020, 13:15:27 UTC
Yes already touched $9k and Im sure after this minor correction btc can surpass 9500 in the next few days, perfect timing to those who want to want to buy more bitcoin and make some profit 9 days to go before end of this month and I hope we can see more price actions in bitcoin, wait after Chinese New year if we can see any bullish or bearish effect on price of bitcoin.
Many people predict that in the Chinese New Year the price of Bitcoin will come back down, because the big investors in China will sell their assets to welcome the new year. But I am not sure they will sell their assets at that time.
hopefully the chinese new year this 2020 will give some hype to bitcoins price . Unlike last year that it didnt do nothing on the price of bitcoin. Bitcoin just touched 9k this january and next month bitcoin will be touching 11000$,  i guess every month that will pass bitcoin will increase its price as the halving is near.
Last year there were no important events, but if you look at the graphs of bitcoin in the past year, some pumps have been done which happened very fast. At the end of Q1 and the beginning of Q2 last year we saw several times the movement of bitcoin but unfortunately, it was not followed by an overall market rise due to the very high dominance of bitcoin. but the current market situation is different, we see altcoin also strengthened and that gives us great hope to see an increase in the future.