Post
Topic
Board Speculation
Re: Bitcoin hitting its steady price?
by
Mahanton
on 27/02/2020, 18:56:17 UTC
is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?

That wouldn't be certain by now because there's no fixed value for bitcoin due to volatile market behavior which every can't determine. The safest way to consider for the main time is that, we should focus on holding and accumulating our asset while we're still having unpredictable trend which suddenly surprise us every minute. Just like with the latest crash, no one has been expecting that to occur this month due to lots of positive expectations.
Theres no such thing about fixed or some sort in relation to the price.Its always been volatile and as said it might be stable or less moving for the mean time and then suddenly it do pumps or dumps without even expect for it to happen.Its true that the recent dump wasnt being anticipated yet most people on community do already have that bullish sentiment or views towards the price since we are already heading on halving event.

We shouldnt really expect much that the price do have some fix point because it wont really happen and its been like that since past 10 years.  Smiley