Post
Topic
Board Speculation
Re: What’s next if bitcoin breaks $9,270 ?
by
ultrloa
on 27/06/2020, 13:15:46 UTC
after the decline, the price of bitcoin is stable at $ 9300. I also think that if there is a decrease in the aftershock, the range will last at $ 9,000, or $ 9100. however, if there is an increase, it will survive at $ 9450 or $ 9500. so far, I predict that the next move will be price increases.

I hope it does, but we need to be patient.

The price is somewhat going back and forth. I did sell some of my mBTC when the price rose to $10K and I think I did a good choice there since the price quickly declines after that. Right now I am having doubt when to invest again. In my opinion, if the price increases to $10K again, there would be some investors that are ready to sell some of their BTCs too.
I dont see investors sell with such a small price difference especially the big investors. I still expect a price around 15-16k this year and will be better to take some profit before any temporal dump again. Except you are a bitcoin maximalist, trying some altcoin this year might give good reward especially some new ones with solid research. You can still multiply your bitcoin with some good altcoins

If good times came we will see your speculated figures coming up but there are so many conditions before we can really approach to that price but the main factor that stops for the price to came in for that numbers is the current crisis happening, many people are still not decided to invest their money but if the vaccine is available to end up this pandemic provably we will see those great price changes coming up.