Post
Topic
Board Speculation
Re: Bitcoin won't surge past 11k, your thoughts...
by
wheelz1200
on 14/02/2020, 00:06:34 UTC
Bitcoins all time high of this year is all set to stop according to the indication, there was a massive pump from the last week which crossed $800 in a week was really amazing from BTC. Here I will share a link where it clearly shows that BTC won't go beyond 11k. Guys kindly share your thoughts.
https://www.newsbtc.com/2020/02/13/bitcoin-wont-surge-past-11k-just-yet/amp/

Bitcoin in one day can certainly go over 11k on a rush the question would be if it can sustain over 11k.  Each thousand dollar increment is going to have its challenges staying over.  First you have people from 2017 that will start to be able to break even, then you have the people who bought in the 4-6k range recently and will be taking profits out as well.  The 10k-20k range is going to be a struggle I would imagine.