Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?
thanks in advance.
Bitcoin is best coin for investment. It's price gradually increasing. And i think bitcoin investment is more safe. So thousands people involving on bitcoin. I think bitcoin price will continue. And i think bitcoin price never will come $12k-$16k. So who tell bitcoin price coming $12kto $16k i think he not told true. I think bitcoin price will $60k to $100k. So if anyone want to invest on Bitcoin, i think it is best time for investment.
all clear, no one will deny that bitcoin is the best investment and will never be detrimental to those who hold it as well as possible until the situation starts to move.
but right now it is on the rise even so it is possible that there will be a correction in bitcoin, but I agree that it is very unlikely that it will be corrected to that price, maybe it will only arrive at $ 20K which includes a very deep correction.
the increase for the end of this year will not be too much and that's only natural because next year it is expected there will be an increase.