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Could bitcoin plunge ready to happen?


Kariuki

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Posted

We all know bitcoin has a form of volatility and most of the time it becomes very difficult to imagine what goes on, there is a lot that happen that affect bitcoin, but in the last few weeks ,  bitcoin has been stuck in the same place for such a long time and there could be something cooking , the waters are too quet and we need to see something happening.

Could it be that bitcoin is preparing itself to fall,or to plunge, and so its important we check on this, the last we know bitcoin tried and got to 6700$ then headed back to where it is today at 7100$ .

Technically bitcoin seems to be heading down, but when you look at the long term strategy, holders still believe, bitcoin could hit 20,000$ this year.

AM not so sure , we have crisis and this has postponed any hope of the coin moving up we are all to wait for it to do something other than be stuck where it is so we need to believe in something today, look for another coin, and stay with it, or you can even spread your risk. am not so sure of bitcoin.

Posted

The price has fallen in the last few weeks to less than 5000 USD, but it has risen again, I am optimistic about the bitcoin price, I think it is a market more than 10k USD during the next two months.

Posted

I think that's why bitcoin is famous and papular because its price up and down this is bitcoin beauty and that's why day by day more people attract to bitcoin. I think few weeks more bitcoin price up down around 7k USD.

Posted

I guess so to , but its misbehaving right now and it scares me, I like it when its making a move, well you get to know its intentions and what might happen next and its very important we are able to stand the said forms that we see. other coins are looking up to it, except the stable coins, 

Posted
On 4/17/2020 at 8:35 PM, Wassouf said:

The price has fallen in the last few weeks to less than 5000 USD, but it has risen again, I am optimistic about the bitcoin price, I think it is a market more than 10k USD during the next two months.

I totally can’t rely on the price of bitcoin lately because it has been fluctuating so much, but i hope in the next two months it should reach 20k USD or even more

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