Post
Topic
Board Speculation
Merits 7 from 1 user
Re: Another decline of BTC expected
by
The Pharmacist
on 27/02/2020, 18:29:18 UTC
⭐ Merited by suchmoon (7)
If you think $1500 is a big move in this space when we've moved from $4000 to $10300 in just a few months then maybe you need to reflect on that or realise this market isn't one you should be in at this time...
Ugh, yeah.  I assume you're talking about last year, and I think the rise was even more dramatic than that, as bitcoin started off 2019 at around $3200 and hit the year's high in the summer.

Anyway, I really don't expect bitcoin to keep falling and I think it's showing everyone that it's not doing that.  Yeah, there was a pretty steep slide but it seems to be bouncing back fairly quickly.  And I don't want a mega-bull run like we saw in 2017, because there would doubtless be much worse corrections/crashes if that happened.  Slow and steady with a bumpy ride, that's how bitcoin can maintain it's valuation.