Post
Topic
Board Speculation
Re: Can BTC hit 70k$ this Christmas?
by
SquallLeonhart
on 08/10/2021, 06:31:49 UTC
Form the subject itself give me your point of view and belief why you think bitcoin could go skyrocket this Christmas? Can BTC hit 60 or 70k$ this Christmas? I know it is unstable it might godowns but if you believe it will go up go type down your comment. Still, if you don't think it will go up you are still free to express it here.
This Christmas and this year are basically the same questions. We have talked about this year, and Christmas is just December 25th so it is a little earlier but basically the same time. If the parabolic increase that we have right now that saw the price skyrocket like crazy continues, then of course we are going to have something great and 70k is not a problem at all, even higher could be done.

However we should also remember that price always goes up before it goes down, and there could be a crash that follows this one. Which is why we need to be careful with a stop loss trigger ready, just put it there if you want to, I am a long term investor so I don't care if it becomes 10k tomorrow, but if you want to avoid losses then you should put a stop loss. Aside from that, unless a crash happens then 70k+ is nothing too difficult for us at all.