Post
Topic
Board Speculation
Re: Will Bitcoin do $19k again before a bull market?
by
Minor Miner
on 07/09/2022, 07:04:02 UTC
Bitcoin is finally back to $18k and still, the red candle appears on the market. I am wondering if this price will go down for more or if it is just a correction in the $18k level because there is a sign to go down and stay at the current price. We can only prepare for anything, especially if we have money because we can buy back bitcoin at a lower price and do not need to panic if the price still goes down. Maybe at this price, people are not ready to see the price is down but that is what happen to the market now.

Bitcoin has once again dropped below $20k, many previous predictors believe the $20k resistance is unbreakable and bitcoin will never drop below $20k again, but in the end all predictions are not what we want, predicting the price of bitcoin is impossible.

There is hard time to say for sure that bitcoin won't decline from this price, but as you suggested said. W should prepare for what is to come and money will be the first concern if we still have absolute faith in bitcoin, if it drops in price then buy immediately.