Topic: Bitcoin 40k+ CAD? (Read 107 times)
In times of crisis, this has triggered a re-evaluation of the value of Bitcoin as an alternative currency, as well as an investment alternative to gold
I think it's going to stay around same figure for a while but there would be few more correction phase only to pump back even more and this correction phase will make Bitcoin market more saturated wherein inexperienced users will panic sell. If we have a look at what happened today it's a reminder that volatility is still there which was missing for a while and even though it looks like we will not be going through any massive dump but still there is a possibility of the same. It's just my assumption not a prediction.
Do you guys think its going to stay at this price high of a price or do you think its just a phase?
I do not think so. We rose from 20000 to 32000 without going through a correction process, which means that when we start to decline, corrections will start to appear.The price will not increase like this without restrictions, which means that the level of $ 40,000 will be a dream for the whole year, and we may not break that level at all.
Stability at $ 30,000 will be required.
Do you guys think its going to stay at this price high of a price or do you think its just a phase?
For Now ? I don't Think its necessary to Think of Another ATH because We must Celebrate and Enjoy this moment Given by Bitcoin.Why have this question when we are still In Heaven? if i where you Have Some break ,taste the Profit from your Investment and Let The market Provide for us, Not Unless you are a Big Investor that looking for another entry Point then I guess you Have to Look closer because anytime soon Something Big to come , Either Bitcoin Going 6 digits ,or going back to below 20k.
Do you guys think its going to stay at this price high of a price or do you think its just a phase?
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