Post
Topic
Board Press
Re: [2020-11-25]Is This The Real Reason Bitcoin Has Suddenly Soared Toward Its All-T
by
hatshepsut93
on 29/11/2020, 03:22:20 UTC
Forbes is right in saying that "this rally is much more sustainable than 2017"?

In my eyes the 2017 rally, which actually started in 2015, was very sustainable, it lasted for more than 2 years and brought the price from $200 to nearly $20,000, and even after the crash, the price was still tremendously higher than where it was at the begging. If this rally would be as "sustainable" as the 2015-2017 rally, we could look at reliable $60-80k price ranges in a few years.

It's only from the perspective of people who entered close to the ATH that rally wasn't sustainable.