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Topic: What will Bitcoin do next in the near term? - page 6. (Read 881 times)

hero member
Activity: 2240
Merit: 848
January 03, 2020, 09:56:07 PM
#4
Hmm, to the two people who commented so far...you do realize I wasn't asking you to tell me the future right? Like, I don't think you know the future. I was asking what people THINK will happen. As in, take a guess and give a reason why...ya know, for fun. Price has been fairly steady for a while, so do people think the next move is up or down and whats your reasoning. For example, I don't see it dropping below where its been, so I see a move up to $8000s by February at the latest. Market doesn't seem to accept $6000s for very long and the testing of this bottom I feel is coming to an end soon. Seems like the market is just waiting for something big to shock it into bullish action. It's had some big fake out bullish moves but nothing has been sustained yet.
hero member
Activity: 2702
Merit: 672
I don't request loans~
January 03, 2020, 09:52:48 PM
#3
No one really knows tbh, and honestly, no movement is a lot better than downward movement. And it's honestly not strange for the price to stay stationary for a few months. Just means that nothing has pushed the traders to immediately buy or sell their coins.

Changes may occur after a few weeks, but no news so far regarding the development of Bitcoin. There was the newß regarding the digital currency of China, but it was only an announcement so far so yea, no real influence as of yet.
sr. member
Activity: 1400
Merit: 259
January 03, 2020, 09:14:41 PM
#2
If we just have the power to see the future then we will still not tell where it will go.  Grin
No one does know.

This kind of question have been asked here a lot and still the answers will be the same. Try to just look at your own imagination.  Grin
hero member
Activity: 2240
Merit: 848
January 03, 2020, 06:43:29 PM
#1
So Bitcoin has been sitting around $7000 for quite a while now.

What do you think the next significant move will be? Up or down? Down to low <=$6000s or up to >=$8000s?

And when do you think it'll make this next move? Jan? Feb? Later?
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