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Author Topic: Bitcoin to make a full recovery by year end?  (Read 434 times)
jjacob
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December 27, 2017, 10:23:14 PM
 #41

The recovery seems to be stuttering now. We have had a great run in 2017; it would be greedy to expect it to continue without any retraces. Given that we started December with the price less than $10,000 , I don't see a great reason why we should fret over a price greater than $15,000. Even if it does take time to cross $20,000 again, we should just be patient.


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December 27, 2017, 10:34:19 PM
 #42

Prices have already recovered to $15k according to preev. So, is it possible for bitcoin prices to return to its $19k peak by year eand if we follow current trend.
Have you thought about the fact that current high price might not be the new stable price but instead we are seeing the prolonged bubble?
After all, not that long ago we traded bitcoin for less than 10k - most of the people seem to forget that and they are angry that bitcoin is not reaching new ATH every week.
I would rather see bitcoin position strengthened for a longer period of time than a brief price spike to 20k+ and then retracement to ~15k level right after that.


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selline
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December 27, 2017, 11:35:41 PM
 #43

I think it's been proven in the bitcoin which makes a full recovery at the end of the year which of course we are seeing with the movement of the bitcoin on some days ago has happened a decline in full until this very $13000 make the tightness see the original almost $20000 but we've seen the bitcoin increased again reaching the $16000 this is the full recovery may be increased up to bitcoin until later this year
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