Post
Topic
Board Speculation
Re: Now Lot of things to focus on BTC!!
by
shoreno
on 03/06/2020, 13:59:50 UTC
It is not easy to predict this time because bitcoin still at the search for a stable position at $10k now. But if there is nothing bad happen out there, bitcoin price can increase, and I guess that we will see another bullish trend for bitcoin. Or maybe we will see another correction for a while before the bitcoin price increase, and I hope that we don't feel surprised if the price is down deeper below $10k.

And I guess that stable position is impossible to keep. It looked like it would break out (well actually it did break out) and then suddenly got the dump, on some exchanges even to 9200. Looks like we are really going to have to fight tooth and nail to break and keep above 10000!

Wishing for stable price for bitcoin is really not possible as the movement is still fast and unpredictable. Even if we did reach 10k, it goes back again as there are dumpers that bought their btc below 10k, so selling at 10k will already give them profit.

so that is the reason you see why btc cant become stable above 10k usd ?  that scares me out a bit thinking that i will never see btc reach 11k usd again or above . title said lots of things to focus on btc  .

hmm really ? but after reading it twice i realized that btc is only a currency , means not really that important but we have more things to be foccus on during these epidemic   . seriously guys im not joking  Grin