Post
Topic
Board Economics
Re: Btc going to 2k or 3k or 7k or 9k
by
$crypto$
on 05/05/2020, 08:25:31 UTC
Hi, guys! Most market expert r so confused about the next move of btc as all markets r fluctuating drastically. People r considering CoVid-19 fear for such damage in the market but if so then what r we gonna see in near future in all markets? If research center got success in inventing antidote then also making it in such a huge amount then distributing it worldwide would be a great deal for all countries. Most of market analyst are guessing to see one more dump in crypto market.. How do see market going? Share your opinion in present poll  Roll Eyes  Kiss
It is difficult to know where the price of BTC will go in the future using only technical analysis knowledge. but in my opinion BTC is affected by the wave of stock speculation. If the indicators do not seem to be stable and the sharks smell the sell-off smell, they will immediately plan and sell off BTC to panic the market. but if the epidemic is well controlled and they see that the crowd is willing to invest then they will buy a lot of BTC and cause the price to rise. In general, now we won't be able to identify anything. The news will determine the future market.
I think the epidemic has begun to be controlled in every region and as it is now heading towards recovery from covid-19 for the stock market, of course this will start from the bottom again because the economy receding yesterday can still rise again this year, including bitcoin which is starting to grow bit by bit even price recovery can happen in the future, therefore with halving that will happen, I am sure that the increase will be further increased after halving.