I dont think that it will get back to $20000 again, but all those who sold before are now buying back, so yes, the huge marketcap that bitcoin lost yesterday is going back to bitcoin again.
Maybe it wont touch $20k, but $17 - $18 thousand dollars are a realistic price.
Topic: Bitcoin to make a full recovery by year end? - page 3. (Read 492 times)
Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.
One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
I'm not sure if we'll get back to the 19k we were at originally by the end of this year, but you're very correct when talking about the recovery. People were too encapsulated in the drop that they didn't even follow up on the price while it was recovering due to the support of those who were trying to buy while the coin dropped. I don't see why people are unable to understand that this is simply a cycle -- Bitcoin drops and then recovers time and time again.
I predict that we'll get to 17-18k, come very close to the 19k, but not hit it until January of next year. Just my prediction.
Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend. The prices were at about $13k yesterday and today its risen by $2k. If it rises like this everyday until the end of the year, we might even exceed the bitcoin peak.
One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
One thing is clear though, all the doomsayers who claimed the bubble was popping are wrong. The recovery is clear and that drop was nothing short of a miscalculation by investors, who now realise their mistakes and are buying back bitcoins.
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