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Will bit coin reach 8k?


Neo-rock

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Posted

As we all the there has been a fluctuations in bit coin price.the price is gaining it's value.the come back in price gives hopes to the people and more number of people have intrest in investing.when the cryptocurrency chart shows a positive curve in which the price is between 7200 to 7500. The fluctuations takes place.as per the the expert the price will soon hit 8k.but the number of invested has been decreased day by day.because there are so many other cryptocurrency available in market which is very less in price and people think that it will rise up.the main reason people buy other cryptocurrency because it's price is very less and affordable to common people.when the price goes up the more number profit they can gain from it.people will always look for more margin than gaining less profit for waiting longer period.as the progress in bit coin people have hope that it will hit a great price and people are excited to reach that tag value

Posted

Well bitcoin can now reach 8k due to the sudden increase but if traders who have a lot of btc and wants to drop the btc they can do so and thats the sad part :(

Posted

And the answer was YES!!!  While there is never any way to know, I do enjoy seeing Bitcoin go up as most main stream Wall Street type bankers who said it was all a fraud, scam and ponzi get to be wrong.

Sorta sad this is a sixty day high, hopefully it will continue to go up!  I expect short covering may be done.  Oh well...

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