Post
Topic
Board Speculation
Re: Bit Coin dropped 12% since morning ,where is it going?
by
Lucius
on 12/01/2021, 11:45:19 UTC
Where do you think its going? The pump is over. Its going to go back to $10k to $15k and then will settle around $20k. People who bought in at $20k are going to naturally take profits now.

The stronger dollar may have started this sell off. I would not be surprised if Bitcoin fell way down to about $10k over the next few days given the selling pressure at this time.

Bail out while you can, its flush time!

No need for FUD, we already had a similar pullback if I’m not mistaken with $34k to $27k, and a similar thing has happened now. The price has already reached $36 600 today, and it's probably only a matter of time before it reaches $40k again - a similar thing happened after the last halving, only now the numbers are different and people have a hard time with a 20% dip.

Weak hands have once again shown why the rich are rich, and the poor are mostly left with empty pockets.