Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will rise or fall.
by
GreatArkansas
on 05/12/2021, 08:51:01 UTC
BTCitcoin can fall or rise but it can never be stable.

According to market more probability of bitcoin is to fall and settle down which is better for a long term asset.
We can also consider that Bitcoin can do "sideways", we already experience this especially on a few days/weeks, like Bitcoin staying on a particular level, no huge increase or decrease in price.
But as we all know, Bitcoin is volatile. So can rise or fall anytime too with a huge percentage sometimes compare to other assets especially non-crypto assets.

Another thing that Bitcoin for me will rise for the long term is the limited supply of Bitcoin that will exist in the world, basic economics.