Post
Topic
Board Bitcoin Discussion
Re: Bitcoin over $10,000 for the past 66 days
by
passwordnow
on 04/10/2020, 22:41:32 UTC
Analysts predict both growth and decline. But most people predict the growth of bitcoin, should they be believed?
Your choice of believing them. As you've said, they are all saying a prediction and analysis. It can change over time without any notice.

I don’t think Bitcoin will drop below $ 10,000, but what could accompany the rise?
Just like the first statement, you are also predicting or speculating and that's fine. IMO, I don't like to see it go down below $10k again but we can't control the prices. It's a game of supply and demand, hopefully, the demand rises more.

How much will the same virus affect Bitcoin?
I don't believe that the covid-19 existence has any correlation to the bitcoin price. Stimulus? it could be the effect but the market's been doing good before it came.