Post
Topic
Board Speculation
Re: Will Bitcoin Correct to $6,500?
by
chip1994
on 05/02/2020, 08:06:59 UTC
I've been in-between moving back to USDT and hodling my Bitcoin in the hopes it may reach the psychological price of $10,000. But this voice in my head that just won't go away says, a heavy dump to $6,500 is on the way. I just hate to get my hopes up high and then dashed again.


Any thoughts?
The situation now is quite difficult for the price of bitcoin to adjust to $ 6k5. When bitcoin falls in that price range, it is like an opportunity to get rich soonest. But the whales won't let you do this because you've hesitated. On the chart over the past 2 months, there have been 3 times that the price of bitcoin has reached $ 6k5 and bounced very high. That shows that the whales predicted a glorious 2020 of bitcoin because of the halving event. Bitcoin is currently at $ 9k1 and it is still very cheap, besides it has broken out important price points such as $ 7k7, $ 8k6. so we can believe that the high possibility of bitcoin's price increases over time.