Post
Topic
Board Speculation
Re: 3 reasons for the recent fall in the price of Bitcoin to the level of $ 10,000
by
F_Societys
on 11/09/2020, 06:53:31 UTC
John Todaro, a well-known researcher in the field of digital currencies

is the same guy who said that the maximum bitcoin price could be $ 25,000 and see that the current price is at $10,200, is there really any chance that the price will reach $25,000 this year? and his comment was from an article from January 10th this year



when the price drops a lot there are always people showing up to talk about the reasons for the price drop, but what impresses me is that they are the same people who make super exaggerated forecasts, it seems that when they make exaggerated price forecasts they do not analyze the various scenarios

Everyone can throw a wild guesses so it's up to us who we follow. This kind of forecast will never gonna go away, there will always be someone would make an exaggerated prediction. If you are looking long enough of the market from the very beginning you should understand how the market works right now.

That 10,000 is just part of the beginning for a new ATH this coming bull market. You better stack some of it or else you'll regret/gonna miss this price soon. We don't know what is the bottom but we do know that this isn't the top yet either.

Yes, I have been researching bitcoin for many years and I know that bitcoin is like a wild horse and no one can analyze it completely correctly, and if someone's analysis was correct, his subsequent analysis is not supposed to be correct either. These are just the theories I say.
Thanks for your comment