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Topic: Will Bitcoin cross 3K USD this year? - page 5. (Read 2333 times)

legendary
Activity: 2179
Merit: 1201
September 27, 2019, 07:12:23 AM
#10
Yes / No
legendary
Activity: 3668
Merit: 6382
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September 27, 2019, 06:53:03 AM
#9
It seems to bear market. Should I hold BTC now?

1. It's not a bear market. Maybe bear market will start after this, maybe not. We'll see.
2. We don't know what the future holds, but there are much more voices expecting a new ATH in 2019-2020 than a drop to 3k.
3. Please don't ask us to decide for you what to do with your money.
hero member
Activity: 3178
Merit: 977
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September 27, 2019, 05:35:05 AM
#8
$3,000 is not going to happen this year & will probably never be seen again. We’re building up to the halving in May 2020 so the price is likely to slowly increase in the New Year & likely explode upwards in late 2020 - late 2021.
The halving event is scheduled in the middle of 2020 which is why it will probably explode in value during the first half of 2020 itself. On top of this, any more positive news will push it even higher.

It is possible, we have seen the price plummet from $20k-$3k isn't it?
I don't think this will repeat even though it is completely possible since the halving event will urge many holders to HODL their BTC until next year at the very least which will probably push it back close to $11K in the near future.

full member
Activity: 868
Merit: 104
September 27, 2019, 05:34:01 AM
#7
It seems to bear market. Should I hold BTC now?

Be cautious, this may a bear trap before price pump. I suggest you to calculate your risk and act accordingly. If you have bought BTC at lower price I would suggest you to wait, even if you have bought at higher price and can bear some dd still you should wait. BTC was already in red for past many months, it was recovered to $13000 recently and now there is a sudden drop in price, it may be some sudden correction following some news. Search the internet and make you decision based on some solid ground.
hero member
Activity: 2842
Merit: 772
September 27, 2019, 05:08:21 AM
#6
It seems to bear market. Should I hold BTC now?
It is possible, we have seen the price plummet from $20k-$3k isn't it?

But currently the price seems to be holding ground at $8k, but we can't discount the possibility that it can go down hard to $3k or even shoot up back to $10k.

Really up to you whether to hold on your BTC right now. No one here has the crystal ball to see what's going to happen in the future. What's your plan though after selling? Or are you a long term investor?
sr. member
Activity: 1400
Merit: 283
September 27, 2019, 04:42:34 AM
#5
It seems to bear market. Should I hold BTC now?
With the price that bitcoin is at right now the only thing that you should do is hold, the price this years has been a mess and it lead us all to doubt about our investments, but it is not something to makes us doubt the potential of bitcoin as an investment, lets be honest this we had nothing to hype us up or to push the prices of bitcoin to go up, and even if the prices of bitcoin fall i don't think they will reach 3k, and i am sure as we get close to the end of year we will see it rise since next year we will get the halving which will defiantly effect the prices in a good way.
legendary
Activity: 3304
Merit: 1617
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September 27, 2019, 04:35:37 AM
#4
$3,000 is not going to happen this year & will probably never be seen again. We’re building up to the halving in May 2020 so the price is likely to slowly increase in the New Year & likely explode upwards in late 2020 - late 2021.
hero member
Activity: 2940
Merit: 613
Winding down.
September 27, 2019, 04:22:30 AM
#3
It seems to bear market. Should I hold BTC now?
At the situation where BTC is falling, the best thing you have to do is to hold and trust it will again recover.
About your question if it will drop to 3K this year, I think it's possible but it will less likely to happen because instead of BTC getting its new ATH this year, we are expecting it to get its lowest price this year.

Don't be so affected or panic with what is happening, think that from sub $3k this year, btc were able to rise at $13K before it falls to the current price, and that is only in a matter of 6 months I guess.
newbie
Activity: 11
Merit: 0
September 27, 2019, 04:16:29 AM
#2
I think BTC will plumb to 20K at the end of 2019 Roll Eyes Roll Eyes
newbie
Activity: 6
Merit: 0
September 27, 2019, 03:17:44 AM
#1
It seems to bear market. Should I hold BTC now?
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