Post
Topic
Board Speculation
Re: Bitcoin price 17000$ today
by
djgtr
on 09/12/2020, 21:56:13 UTC
Bitcoin price always changable no one can predicted it correctl.Today i chack the bitcoin price so what's happen end of this year? Please share your experience     
Currently, it goes back around $18k USD. The resistance was strong that is why it didn't even reach the $20k USD mark. However, I don't think that the run was over so there is still a possibility that it might reach $20k USD by the end of December. Actually, we all have no clue what will be the next move and some are afraid that history might repeat itself as we had in 2017, so they are trying to liquidate as much as possible. And that could be the reason why the resistance is getting stronger.

Indeed, price declines after a surprising bounce few weeks ago and many people didn't expect that to happen after long period of bearish Market. For now $20k isn't reachable as many sellers greedily trade quickly before panic initiates badly, and could cause gradual crash. Resistance will definitely makes it more harder to beat an expected value, day trading would be our best options right now in order to earn some profit, but with smarter analysis.