Post
Topic
Board Speculation
Re: Now Bitcoin will pump or dump?
by
Oasisman
on 26/04/2020, 20:41:16 UTC
This price range is very critical for bitcoin, here anything can happen, if the price goes upward then also it can come down quickly as currently there is least support and more oftenly people are selling their coins as no other source of income is there for those people.
I personally agree that bitcoin isn't gonna push up higher currently and it will dump in a short interval of time.

People might not have an income due to lockdown but the local governments are doing everything they can to support the people financially. Though, It's not gonna be enough but at least that alone can hold the price to where it's situated in right now.
Currently, the market is showing signs of gradual increase from day to day. This might be the retail investors pouring more asset to take advantage of the possible bulls after the halving.