Post
Topic
Board Bitcoin Discussion
Re: Thoughts on new ATH
by
Eugenar
on 07/08/2020, 15:09:21 UTC
If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's  market value that we are talking about.

I hope nothing worse would happen for the rest of the year  because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.