Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 16/03/2020, 08:32:32 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.

Honestly we could see a $24 BTC tomorrow, we could also see a $24k BTC tomorrow, and I tend to believe there's at least a 99% chance we will see something in between. The good news is the one thing we know for sure is that nobody actually knows what the future holds, so we can safely dismiss those who claim otherwise.

"Everybody is right given a long enough time frame." - me

I know what the future holds and that is expanding credit, therefore expanding money supply, and therefore expanding economy. Only way this doesn't happen is if we change how our monetary system operates. While there is a chance that will happen it is extremely improbable to the point that it that we can safely say it won't happen.