Would there be another swing of Bitcoin price or will it just fly to 6000?
As of know we can see its improvement maybe it will swing again in not time. Let's just wait cause recently i saw some good new about its ability which is it will keep climb to the top. So there's a possibility that bitcoin reach that value or it will surpass. And I think that value will hit before november. As the others prediction ..
Topic: Bitcoin Price Swing (Read 320 times)
There will be another decline or retrace,
no matter where we go we should see another retrace because it's the only way to pump it,
when they're pumping it,most of them exhaust their money and of course they will exchange it in order to make another run.
other than that every $1000 is a big resistence for us and everytime we're approaching that level we always see it.
at best we should see it around $5800 before the split and then the price will be retracing to $5000 or even lower than that.
after that steady increase in term of value for hardfork
no matter where we go we should see another retrace because it's the only way to pump it,
when they're pumping it,most of them exhaust their money and of course they will exchange it in order to make another run.
other than that every $1000 is a big resistence for us and everytime we're approaching that level we always see it.
at best we should see it around $5800 before the split and then the price will be retracing to $5000 or even lower than that.
after that steady increase in term of value for hardfork
try looking at the charts. for example this one is easy to use: https://bitcoinwisdom.com/markets/bitstamp/btcusd
do you see all the "swings" there? the same swings will continue to happen for the foreseeable future too. and until market grows a lot more than what it is now, the swings will remain the same.
you can compare them with old "swings" of 2011-2013 for example and see how it has changed. and how smaller they are now. (look at percentages of change not just amount).
to answer your question, there is a change for going up to $6000 but i do not think it can last up there. so far the demand shows a better support at the current price above $5000 and even possibly back to $4800+ for a short term too.
do you see all the "swings" there? the same swings will continue to happen for the foreseeable future too. and until market grows a lot more than what it is now, the swings will remain the same.
you can compare them with old "swings" of 2011-2013 for example and see how it has changed. and how smaller they are now. (look at percentages of change not just amount).
to answer your question, there is a change for going up to $6000 but i do not think it can last up there. so far the demand shows a better support at the current price above $5000 and even possibly back to $4800+ for a short term too.
Would there be another swing of Bitcoin price or will it just fly to 6000?
Bitcoin price swing now.Hours passby then bitcoin value is going up and down.To the needy it affects for their salary because they need to exchange it to the exchanger wether it is in low or high price.But to those bitcoin holders they will wait for the expensive price of bitcoin.Just like me yesterday price is high then the other day 40% decrease of price.Its really too wasteful thats why we need to hold it first and wait for the coming increase price of bitcoin.
Would there be another swing of Bitcoin price or will it just fly to 6000?
As of know we can see its improvement maybe it will swing again in not time. Let's just wait cause recently i saw some good new about its ability which is it will keep climb to the top. So there's a possibility that bitcoin reach that value or it will surpass. And I think that value will hit before november. As the others prediction ..
I believe it wont have many big dips till the oct 25th but after HF it will change.
Would there be another swing of Bitcoin price or will it just fly to 6000?
It's definitely going to head to $6000 as we go towards the new fork comes october 25, a friend who is new in cryptocurrency wants to buy bitcoin because of what is happening right now, but unfortunately his location will not let him, it seems everybody wants to buy bitcoin now.
Would there be another swing of Bitcoin price or will it just fly to 6000?
There are possibility, but nobody knows. Or maybe some big guys who might know because they trade some big amount of bitcoin into other altcoin will control the price of bitcoin.
Nobody knows.
As what is Stated Above. Nobody Knows.
Just Keep Calm and Relax, Bitcoin Price Swings Because it's Volatile.
We could not end The Price By Saying only for 6k Dollars, Remember, Bitcoin volatility is Powerful.
Keep on Reading So That You will obtain Peace of Mind.
Nobody knows.
Would there be another swing of Bitcoin price or will it just fly to 6000?
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