Post
Topic
Board Speculation
Re: Bitcoin may hit 27K USD in the next 180 days!
by
Latviand
on 31/01/2020, 13:49:13 UTC
I am not that optimistic, but well, that would be great obviously.

What would you guys do? sell at 27k or hold to the next cycle?
reaching 27k this year could lead in more investors being interested and that would make the 100k goal more doable.

I am very optimistic that Bitcoin may really hit 27K USD after the halving but I am afraid that it won't hold it for a long time. As you know people are still in huge loss, they would go for recovery by selling at a high price. Even I will sell if Bitcoin hit 27K USD and then I will wait for a dump to buy again. 100K USD seems daydream to me. 
How sure are you guys that its market value will reach that high given how inconsistent the increase in its price? This is the problem with some investors, they are just making unrealistic assumptions just aiming to earn profit. Accept the fact that the price won't go 'boom' in a single snap. Analyze how the market behaved at the past which should serve as a lesson. My point is that, if ever the price become high, then it is normal to be happy, but to anticipate it and be disappointed is another thing. Just let the market be.