Kakashi2020 Posted July 10, 2018 Share Posted July 10, 2018 What are your thoughts and fearless forecasts about the bottom price of Bitcoin? Today the price is at $6.3K. My forecast is it would eventually settle to $5-$5.5K before hitting a new high. Quote Link to comment https://slingbank.com/forums/topic/1125-would-the-price-of-btc-slide-to-5k/ Share on other sites More sharing options...
Marako0406 Posted July 11, 2018 Share Posted July 11, 2018 I believe it would given that it's just the beginning of the 3rd quarter of the year there's a long way to go before reaching the end of this year. I hope if it goes down it will bounce back twice as much as it does. Quote Link to comment https://slingbank.com/forums/topic/1125-would-the-price-of-btc-slide-to-5k/#findComment-1757 Share on other sites More sharing options...
Kakashi2020 Posted July 12, 2018 Author Share Posted July 12, 2018 20 hours ago, Marako0406 said: I believe it would given that it's just the beginning of the 3rd quarter of the year there's a long way to go before reaching the end of this year. I hope if it goes down it will bounce back twice as much as it does. I do agree with you on that BTC price will depreciate more until it reaches the $5K-$5.7K mark. I had an illuminating discussion with another member and it seems that he mapped the Bitcoin price of the years, he found a trend that could be summed up as whenever the price shoots up it'll depreciate and stabilized upon reaching 25 percent of the high. It means if the december high is $20K then it's going to stabilized in the $5K level before it shoots up again to triple or quadruple the high so the next bullrun will appreciate the price to a $60K to $80K level even above that. 1 Quote Link to comment https://slingbank.com/forums/topic/1125-would-the-price-of-btc-slide-to-5k/#findComment-1771 Share on other sites More sharing options...
Henrywrites Posted July 15, 2018 Share Posted July 15, 2018 No matter how low that the price gets, what I am pretty sure about is that it is going to sour high as well before the end of the four quarter. We have been there before and seen that Bitcoin is here to stay no matter how low the prices go. Quote Link to comment https://slingbank.com/forums/topic/1125-would-the-price-of-btc-slide-to-5k/#findComment-1815 Share on other sites More sharing options...
Marako0406 Posted July 15, 2018 Share Posted July 15, 2018 Yeah you're absolutely right about that! I believe that every year that passes, Bitcoin doubles its value. So for now we buy some and sell high first quarter next year. 1 Quote Link to comment https://slingbank.com/forums/topic/1125-would-the-price-of-btc-slide-to-5k/#findComment-1817 Share on other sites More sharing options...
mirodge Posted November 2, 2018 Share Posted November 2, 2018 As of today, bitcoin price is at $6.3k. If it will drop down to $5k I will surely buy. This is the right opportunity for the new investor to buy at its lowest price and in soonest time it will gradually increase by the end of the year. Quote Link to comment https://slingbank.com/forums/topic/1125-would-the-price-of-btc-slide-to-5k/#findComment-2305 Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.