Post
Topic
Board Trading Discussion
Re: Bitcoin please stop going sideways now
by
Dollar_Hunter
on 02/12/2020, 10:17:54 UTC
However, bitcoin dumped hard today.

You're right, BTC has dumped about 12% in just one day. It seems though that the same trend happened in 2017, you can check this on the price market on coingecko and you should see that before 2017 ATH there was an initial uptrend then a down before reaching the ATH.

It is then possible that this is an event preparing for this year's ATH, or maybe not. I do, however, favour the former!

If ever you're right, then I think it's better to add more bitcoins now and hold until the new ATH come. It's really exciting to think what will happen to bitcoin before end of this year 2020.

before the end of the year I guarantee Bitcoin will make a new drama, like in 2017,
the price of Bitcoin is highly volatile, if I observe that 2020 is the same as 2017, we must focus, don't be careless.
if Bitcoin sideways then altcoin can pump high!