Post
Topic
Board Speculation
Re: Bitcoin over $10,000 for the past 66 days
by
jostorres
on 25/10/2020, 07:30:25 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
Let us not talk about the falling instead lets look for another hype lol.

$10k is indeed in good faith this couple of months but we need more because the situation now is subsiding from the Burn of Covid 19.
so basically purely Pumping is what we need and more off the Election of US is soon to come,surely another movement will near to come.
I don't understand what connection is there between elections in America and the price of bitcoins or crypto in general. Apart from from sportsbook taking bets on the event Grin I cannot find any relation between the elections and the price for bitcoins.

I was surprised that BTC did not dropped below 10k since a long time and now people may set target for 11k or 12k and maybe even 13k in future. The thing with bitcoins is that it can rise and drop like a freefall so don't be too optimistic if the price goes bonkers or remains stable also don't get too worried and don't panic sell when it goes down. Volatility is the nature of bitcoins and we have to live with that and actually that's better because more volatile means more chances to buy and sell frequently.