Topic: Are we finally see some good movement in price for Bitcoin - page 4. (Read 536 times)
Seriously I believe that the bull run has resume and we would do ourself good if we invest now. Bitcoin is on the part of making another high price in months to come and crossing $7500 is a sign that the short time bearish market is over!
I'm very skeptical about this year.My humble opinion is Bitcoin won't exceed 12k$ this year as the crash this year have known spread a lot of negativity. (Anyone that see the charts and see that the price drop from 20k$ to 6k$ in few months won't jump in).This negativity has to be forgotten to build investor's trust again,which will take sometime before we see this happening.
You may be right cuz many predict that price could be roughly around 12-13k. My estimate it could come to over 10k and o stay there a while. It could mean that many will follow and might come with bigger investment in bitcoin and whit this we could see some bigger movement for price in good way.
I'm very skeptical about this year.My humble opinion is Bitcoin won't exceed 12k$ this year as the crash this year have known spread a lot of negativity. (Anyone that see the charts and see that the price drop from 20k$ to 6k$ in few months won't jump in).This negativity has to be forgotten to build investor's trust again,which will take sometime before we see this happening.
I believe this rise may be the one we are looking for. There is too much good new on major corporations and governments accepting and using blockchain technology. Bitcoin is #1 so its going to rise under these conditions. I don't think they will be able to hold the market cap down like this for much longer.
After some time we are seeing some good and positeve movement in price for bitcoin and crypto in general. Is this good or bad? Are bulls back in game or they just manipulate price. Or we have fresh money that is coming into bitcoin and that has given the market a nice pump back into the USD 7400 price level.
Or we will have some other factor into this this like timing, or better yet, buying/selling at the right time. Or we will have to make correct prediction in price and we can have good profit.
Believe this is just the beginning, on this I mean that there will be opportunities to make some small purchases, here and there, in the hopes price will continue to raise past the USD 20k level.
What is your opinion on this?
Or we will have some other factor into this this like timing, or better yet, buying/selling at the right time. Or we will have to make correct prediction in price and we can have good profit.
Believe this is just the beginning, on this I mean that there will be opportunities to make some small purchases, here and there, in the hopes price will continue to raise past the USD 20k level.
What is your opinion on this?
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