Post
Topic
Board Bitcoin Discussion
Re: Cryto Analyst Predicts Bitcoin To Downtrend
by
fiulpro
on 16/07/2020, 17:11:20 UTC
Bearish Prediction!

Josh Rager, co-founder at Blockroots.com anticipates downtrend #Bitcoin in coming days

He expects Bitcoin to crash $8k or $9k

Whats your take?

Read to know his reasons
https://coinpedia.org/news/bitcoin-may-crash-to-8k-grayscale-750-million-worth-btc/

There have been analysis of Bitcoins surging way above the Current price :

https://news.bitcoin.com/bitcoin-price-20k-2020-398k-2030/

According to this news it should go well beyond 20k.

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Let us take this news also in account:
https://www.marketwatch.com/story/bitcoin-prices-unfazed-as-major-twitter-hijacking-ripples-through-social-media-and-digital-currency-community-2020-07-15

Bitcoin price was not affected by this , I do think everyone is already aware of this news .

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There have been number of predictions suggesting that Bitcoins is going to hit sky high .

There have been news suggesting how it will down trend.

My take on this :
Don't worry about the price in the market right now , we are in a pandemic and anything is possible , if you are a long term holder , keep holding them , don't sell them right now because the price is going to hit way high in the upcoming times , we should not be worried about the price right now , what we should be worried about is actually the implications of Bitcoins , the government should create a free atmosphere for the cryptocurrencies and we should ask them for that , the real idea behind cryptocurrencies like Bitcoins is never the price , what it's doing is way beyond this , therefore let's not focus on the price alone and use our Bitcoins wisely teaching others about it in any way that we can.