Bitcoin Forum

Economy => Trading Discussion => Topic started by: Rightchoice on July 23, 2018, 10:34:19 AM



Title: Bitcoin - Further correction expected?
Post by: Rightchoice on July 23, 2018, 10:34:19 AM
I think most people know that Bitcoin right now is in the correction mode, but most people are confused whether this is going to be prolonged or if it’s temporary. I don’t have the EXACT answer to this but I think if we look at the Price between 2014 and 2018, we could have an answer to where things are going and whether the correction will continue or if it’s going to stop. Fingers crossed, but one got to have certain mindset.

https://www.asiacryptotoday.com/bitcoin-price-correction-compared-between-2014-and-2018/


Title: Re: Bitcoin - Further correction expected?
Post by: nicster551 on July 23, 2018, 11:14:43 AM
I think most people know that Bitcoin right now is in the correction mode, but most people are confused whether this is going to be prolonged or if it’s temporary. I don’t have the EXACT answer to this but I think if we look at the Price between 2014 and 2018, we could have an answer to where things are going and whether the correction will continue or if it’s going to stop. Fingers crossed, but one got to have certain mindset.

https://www.asiacryptotoday.com/bitcoin-price-correction-compared-between-2014-and-2018/

Many people said that Bitcoin's price will still try to retest before going up again. But to think of it, the price of Bitcoin is just going up without stopping.


Title: Re: Bitcoin - Further correction expected?
Post by: loveinberlin on July 23, 2018, 11:39:55 AM
I think that btc is the best investment ever and you need to expect the rise in the price. soon, it will become really popular and will be used everywhere as the coin that is of the high value


Title: Re: Bitcoin - Further correction expected?
Post by: shulio on July 23, 2018, 12:09:51 PM
The price is going up for the last 7 days because of ETF approval expectation. I do not think ETF will approved this year. The price will go down in August and in September we will see sub 5000 dollars.


Title: Re: Bitcoin - Further correction expected?
Post by: Rightchoice on July 25, 2018, 09:27:59 AM
The price is going up for the last 7 days because of ETF approval expectation. I do not think ETF will approved this year. The price will go down in August and in September we will see sub 5000 dollars.

That is a very very interesting judgment mate, but I believe there will be a lot more positives to look forward to. I am very much excited to see how things develop ahead, but one thing I am sure that we will see a lot of interest events ahead. So, I have my fingers crossed and making sure I stay on the track for every news and updates to play it out well.