Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Wekkel
on 16/03/2020, 08:49:26 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.

500%-1000% from 1k? Entirely possible. 1000% from 2k (new ATH)? Unlikely. I am inclined to think that the all-time bitcoin bull market is over and we will see sideways trend for many years. Next (2024) halving may push the price up a bit, however.

Now that sounds like desperation. And I like it.

Nothing brings us back to reality better than a good kick in the nuts.