Post
Topic
Board Speculation
Re: Bitcoin Maintain Its Pace Above $10000
by
cheezcarls
on 08/09/2020, 15:08:36 UTC
Despite the decline, the Crypto space seems to be assertive with the Bitcoin bull rally

A full-time trader, Crypto Micheal believes not only BTC but the whole crypto space

Read More https://coinpedia.org/news/investors-walk-extra-miles-to-maintain-bitcoin-price/

I would definitely see price treading water between $9.5k to $10k for quite sometime until the next DeFi hype happens. However, there are some rumors that big companies or corporations are now accumulating more Bitcoin that would signal for another price push. However, I wouldn't really count on that though because of the market's unpredictability.

But for me, I honestly think that $9k would be the new bottom and not below than that (I could be wrong because I'm not a fan of price speculation).