Post
Topic
Board Altcoin Discussion
Re: Will BTC fall below $20,000? Bargain hunting?
by
efreeti
on 28/07/2021, 20:38:47 UTC
Nope in my personal opinion because it already break out the support after how many days of being stuck above 30k, as of now perhaps 40k isn't enough as it rapidly increasing and in fact i don't see any negative news about bitcoin today and since it made a sudden increased few days ago. so probably there's a high chance that bitcoin will continue to surge within this week base on the percentage and percentage in the market..

To be realistic here negative news could come any time. It is not like negative news get announced in advance because if that is the case, the negative news will immediately be priced in. For now I also don't see any negatives waiting for us, but it could be a political decision that is being made behind closed doors or news from the FED and others. I think that we are good to go for a little while now without surprising news that could have an impact on the cryptocurrency markets.