well, this is the third time this week bitcoin hits 12k and bounce back. It seems like the 12k buy support area is strong and while this isnt a finanancial advice, its probably the best time to get in or add more money. As there isnt any real "bad news" for bitcoin , The explanation for the dips has to do with the typical corrections that the market has to get over with before going to the next level - 20k.
Crypto Maniac out.
I think that bitcoin marketcap dominance will never again be above 50%.
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Hi, everyone. I am not sure about if this is the deepest price, since late October jsut after CME announced the "bitcoin futures" bitcoin gained an amazing momentum, too much volume was there and hit aoround 20k right after the "futures" showed up. Then suddenly without a good reason it crashed back and now the volume is much lower too. So I think those WSJ guys pumped up bitcoin on purpose over almost two months, thus they sold their "futures" with a really high price. They will collect those futures with lower prices. bitcoin prices with its normal momentum in october should have been around 8-9k by now I think. So price may go down a little bit but no need to worry eventually it will bounce back when those WSJ guys think they are full enough. Nevertheless I am not an expert and this is not a financial advice. Sorry for my English by the way, I am not a native speaker.
Suport for buy it's good for buyer
you get this right
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I agree with that in my opinion I think bitcoin will reach above 20k in the next few weeks. Maybe even above 30k in few months.
yes and if you will look good you will see that 15k is the upper support area
i'm have the feeling that will be break in the new few days and we will see new records
I do not know what to think. Seeing the history of BTC for the last couole of weeks i am dissapointed. I mean it is ok but the difference betwenn max and min values is crazy. The fluctuation causrda lot of money for few people.
I'm the only one who does not buy bitcoin :)
you will buy when you will want to convert your steem to $ :)
sounds optimistic...
We must wait a bit more, the price will increase again
what do you think keeps it away from 20k? transaction fees? Altcoins?
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