Post
Topic
Board Trading Discussion
Re: HOW LOW BTC CAN GO?
by
Mumbeeptind1963
on 07/04/2020, 12:48:43 UTC
Maybe we should and people have to move on. Because thinking about coronavirus will give us a way to think negatively and it affects our mind. In fact, we are already in the good position, $6k plus? I may say it was good enough to think that we are in the way for recovery and might people are also learning not to sell their Bitcoin but rather to hold or even accumulate some from the weak hands. But even the markets some progressive reports, I'm still not seeing it that it goes high within this quarter. It is possible to see huge pumps in the 3rd and 4th quarters as halving result comes out.
It is possible that bitcoin will be in the range of $6000-$8000 this year, but it all depends on this pandemic, we all know that market crashes, wether crypto/stock market it all goes down, people go panic selling, and it resulted to a global crisis, we need a recession and wait for the market to recover. It will take time but it will not go deeper than it is since it has a large wall on it,