Post
Topic
Board Speculation
Re: Bitcoin price surged to $9,751
by
Botnake
on 15/06/2020, 12:41:29 UTC
Recently, it just dropped at $8.9k, and immediately returned to $9000. Looks like we will be seeing a stable price here around at $9000, in my opinion Cheesy 'cause I don't see any compelling reason for it to severely drop from where was it right now. But yeah, who knows, anyway  Grin.
I think the bear will take over soon, bitcoin just dumped, and this is a kind of scenario I don't like to see when I am bullish, so I guess OP is wrong, bitcoin is going to dump and will stay at that price for a while, probably we will be back at $7k to $8, and will start to pump again in time this year.
Yeah I can feel that the bull will remain sleeping so far. Maybe even for another two months? Just my opinion tho Cheesy. I just hope the price will just stay ranging on $8k to $9k because it's so hard to look on btc while bleeding. But as we are heading on September onwards, I am very optimistic that btc's price as well as the alt's will start to skyrocket once again. I can feel that's the right time for btc to finally stabilize above the $10k mark. So let's stay tuned.
If people will not expect for a bull run, that would be the time that the bull run will come, so I don't expect it will come this year since people are expecting that halving will result to a bull run, and here we are now, we are still the same market which bitcoin is not that strong to move uptrend and break big resistance. Maybe it's not time yet, if not this year then let's hope for next year, that's what we always do as believers, right?