Post
Topic
Board Speculation
Re: Bitcoin over $10,000 for the past 66 days
by
KTChampions
on 18/10/2020, 12:03:51 UTC
Bitcoin has been above $10,000 since July 27 and attracts more young investors and crypto enthusiast. Will BTC ever drop under $10,000 ever again?


Anything and everything can happen in a highly volatile market just last March Bitcoin is trading at $5000 mark now after 7 months the price has double we really can't tell if the price will go down to blow the $10000 mark, because like what OP has said no one has predicted the coming of the pandemic, tomorrow it could be like $30000 it's hard to tell but always keep the faith.

The volatility in bitcoin is of course great, but I don't know what needs to happen for the price to quickly make x3. Probably something like the recognition of bitcoin as a currency by central banks, but as you understand it will not happen. I would rather believe in another rapid collapse than in rapid growth)