Post
Topic
Board Speculation
Re: Bitcoin over $10,000 for the past 66 days
by
Ridwan Fauzi
on 18/10/2020, 18:43:02 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?

Read the article if you also find it interesting: https://www.worldcoinindex.com/news/bitcoin-makes-new-record-completes-63-days-consistently-over-10k-the-longest-period-ever
There is no impossible for bitcoin price movement, its price can up and down without we realized it. But, I don't know I just thinking that its price will never touch below $10.000 for this year. The reason that I have is bitcoin price should fall a lot when there is a problem with an exchange especially hacking event.

A few weeks ago there are some exchange who got a problem, one exchange has been hacked and another can't withdraw all user funds but its price just fall slowly not drastic as we have seen with the previous event. I don't know the reason behind it but clearly there will be many whales who still hold bitcoin at this situation and it would be good in the further situation.