Post
Topic
Board Trading Discussion
Re: $10 000 to invest, but at which price to buy?
by
pawanjain
on 23/08/2020, 04:48:02 UTC
When I asked the question, bitcoin were just above 2000 and went 10x in next half a year.

Now it is just broke 10000.

But will we have another 10x in next half a year?


Dude bitcoin is current trading at $11600 and for it to go 10x would mean that bitcoin should trade at $116k.
And you are asking if it could reach that price in the next 6 months?
The straight answer would be NO.
Bitcoin will first have to cross the ATH price at $20k and after that it will see another major correction and I don't think all of that would happen just in the span fo 6 months. So to go 10x again there is a long way ahead of bitcoin.