Quote from: A62662 on Today at 05:29:40 PM

Quote from: menoiazei on Today at 04:31:42 PM

Quote from: A62662 on January 20, 2021, 10:52:08 AM

Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?

The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?

Looks like another ATH coming soon not a deathblow to me now

This quick rise from 32K to 38K pump is very suspect, and hardly sustainable, its an Elon Musk stunt, probably wont last very long before it starts to fade away again.

Its one thing that he is bullshitting around with Doge tweets and such, but what about the losses some face when acting on those tweets and end up losing money because of it.

A huge increase happened and that's what making the situation quite messy. Many people are torn between holding at this moment or selling already due to what happened. The expectation is that the price will continue to fall as a consequence on the achievement of ATH this year, also, a price cut happened already which gave this assumption. If the market price will be playing around $36k for a week, then that will be the time which supports investing even at a high market price because there is a tendency that the market value will continue to rise.. But do not rely that much because nothing is certain in this market.