Post
Topic
Board Speculation
Re: Bitcoin failed at $58,000 and dropped by more than $3K in a day.
by
Silberman
on 16/10/2021, 16:36:31 UTC
I saw Bitcoin drops 3k$ in a day and expert says that it is all because binance restricts access of Chinese users. more negative news in relation to China will drop the Bitcoin price down, but I think bitcoin will soon recover just like before, what was your opinion about this 3k$ dropped of btc price?.
It is not a failure instead that is what we called starting up lol look at the price now, staying at 57-58k and the momentum is still there meaning at any moment the value will increase high ./
waiting for at least 60k before this Month end and another 10k before November ends means by December at least 90-100k is possible to reach.
We are now at the 60k level so I will not be surprised if we surpassed the previous all time high anytime soon, it is not going to be easy but I think there is a real possibility that we reach that level before the end of the month as the hype is once again returning to the market and we know that when that happens big movements become more common, I just hope that what happened at the end of the year of 2017 does not happen again as I do not want to go through several years of bitcoin doing nothing.