Author

Topic: Will this weekend see the make or break of BTC? (Read 1275 times)

member
Activity: 71
Merit: 10
What is this all about critical ?
hero member
Activity: 742
Merit: 500
Next minute is critical.
legendary
Activity: 1260
Merit: 1116
You're right, the next weekend is critical.

The Next 12 Hours Are Critical For BitcoinTM
full member
Activity: 215
Merit: 100
The market is eerily calm as the weekend begins...
legendary
Activity: 1834
Merit: 1020
You're right, the next weekend is critical.

Why?
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
You're right, the next weekend is critical.
sr. member
Activity: 252
Merit: 250
Skoupi the Great
But if we see another sharp drop, to another new low for the year, then the future for the BTC price will be very bleak indeed, at least for the next few years.

The future of bitcoin isn't tied to daily or monthly price fluctuations whatsoever. Only the future of speculators that gamble on the price is.
legendary
Activity: 1834
Merit: 1020
My expectation is that a weekend won't make or break BTC.
newbie
Activity: 42
Merit: 0
We have seen regular weekly drops in the USD price of BTC for the past month, mostly at the weekends.
If we have really seen the bottom, then this weekend should see prices rise sharply.
But if we see another sharp drop, to another new low for the year, then the future for the BTC price will be very bleak indeed, at least for the next few years.

What's your expectation for this weekend?



sharp drop => panic buying for cheap coins => sharp rise
legendary
Activity: 3892
Merit: 4331
We have seen regular weekly drops in the USD price of BTC for the past month, mostly at the weekends.
If we have really seen the bottom, then this weekend should see prices rise sharply.
But if we see another sharp drop, to another new low for the year, then the future for the BTC price will be very bleak indeed, at least for the next few years.

What's your expectation for this weekend?



no expectation, nothing to do with next several years  Shocked
We might have already bottomed or will bottom anywhere between $72 (unlikely) and $240-266 (possible)
i very much like the fact that hashing speed is flatlining
full member
Activity: 215
Merit: 100
We have seen regular weekly drops in the USD price of BTC for the past month, mostly at the weekends.
If we have really seen the bottom, then this weekend should see prices rise sharply.
But if we see another sharp drop, to another new low for the year, then the future for the BTC price will be very bleak indeed, at least for the next few years.

What's your expectation for this weekend?

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