Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majormax
on 16/03/2020, 08:30:47 UTC
Honestly it looks like 3.5k is almost a sure thing now, lower high after lower high, the question now is do we see a lower low compared to January 2019 (3k)?
I tend to believe it is entirely possible. We will definitely see 6.5k again but probably not this year.

Even 1k-2k area is something we could see again. The good news is there will be another bubble in the future. Nothing better than Bitcoin to make 500%-1000% profits.


Another bubble ?  Probable but not absolutely certain.

Anyone should have always been aware that total failure was a possibility. Only a possibility.

The deflation of asset values that was inevitable, has begun.  Prices of anything that people dont need to survive, and especially might need to sell, have no floor.

Price predictions make no sense in this environment. Time predictions similar.