Post
Topic
Board Speculation
Re: Bitcoin Stable At $11K – Altcoins In Green: The Calm Before The Strorm?
by
$crypto$
on 08/08/2020, 03:04:27 UTC
I will remain bullish as long as macroeconomic data is bad. Pullback? Maybe, but im optimist
Bitcoin's price is trying to touch $12.000 barrier again, it has been three days I saw the movement price is increasing. This is same with gold price movement, when many countries suffered a bad economic gold and bitcoin are trying to reach all time high price. And seem like it will countinue although the economic system is good because  the people will be aware and take some learning with this situation that investment is really needed.
Bitcoin will experience a holding phase in the next few days because the current situation may be partially breakout, so after going through this the situation will re-emerge with an increase above $12k with gold continuing to increase because the economy continues to stick up so that the volatility will be quite high because people invest which is currently happening, maybe bitcoin will become a new reference and will be trusted by the public with the continuing increase in this price.