Post
Topic
Board Speculation
Re: Bitcoin price surged to $9,751
by
Pamadar
on 04/07/2020, 17:55:39 UTC

the momentum to keep moving more than $ 10K for bitcoin has not been seen, even though it exceeded but returned down.
a few weeks ago and for the next few weeks I see bitcoin will only move in the range of $ 9K and continue to last long enough.

The range is moving to this position and it's trying to hold, possibilities that the new coming week will only be played from this
position as there's no major events that influencing the momentum, unless another
whales will bring the show and hype the price to pumped up.

when the momentum comes, it is certain that bitcoin will break through $ 10K and continue to move up slowly until the end of the year which can reach $ 15K.

Lots of speculations but still bitcoin having difficulty to hold $10k barrier, if that  bull returned strongly then for sure the market
will bring much higher hypes and more investment to flow it will be a good outcome
especially to those who are collecting right now.

the peak of the increase in bitcoin is of course next year, if you look at halving ago it takes a year later bitcoin reaches its best point. Therefore, it can be expected that bitcoin will reach its peak next year and will likely be more than 2017. It is eager to wait and see the changes.

If history will keeps repeating itself, there's still big potential that another ATH will be achieved.