Post
Topic
Board Speculation
Re: Bitcoin hitting its steady price?
by
bearexin
on 01/03/2020, 15:27:19 UTC
is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?
I don’t know about this for sure, but don’t forget that there was a time the price was at $6000 to $7000 and it remained stable and kept circling around these two prices until it managed to break through it after a long time before going for this $10,000 and falling back again.

So, I don’t think it’s capped on $10,000. The price dropped down to $8,000 and yesterday I can remember seeing the price around $8,300 and after that the price moves up to $8,600 and just now it has topped up extra $100 and is currently at $8,700 plus. It’s not going to stop there, it will still continue to increase and will keep going till it reaches a high price.