Some people think the price callback of the bitcoin is a healthy callback

[xieoyueyue]

AEX bitcoin trading exchange to support a variety of digital asset spot transactions,including bitcoin, litecoin, ethereum and other online purchase and sale trading services,to provide you with a leading bitcoin trading experience, to meet your investment needs

By the end of the year, bitcoin is likely to be more thrilling next year: it may stand up to $20000 and may fall at least four times at least 40% or more every time.

Wall Street, the first to cover bitcoin and track bitcoin for at least four years, Nick Colas, in the latest report of DataTrek Research of data analysis institution, predicts that the volatility of bitcoin will exceed this year next year, and the volatility will be between 6500 US dollars and 22000 dollars.

Colas predicts that next year, bitcoin will give more market share to other digital currencies. Although it may rise to 22000 US dollars, it will experience at least four times of 40% or higher fall. In the end, he thought the median forecast of $14035 would be a reasonable price.

Trading platform Bitstamp data show that, at the beginning of this year, bitcoin trading price had been less than 1000 dollars, and at the end of 10, it had only stood at 6000 yuan, which has risen 19000 dollars this month. The amazing increase is also accompanied by a shocking shock. Before Colas released the forecast, bitcoin has just experienced a round of tumbling and rebounding.

This article is a reprint, investment is risky, please invest in the case of risk.

[mrtryonebiggums]

Everything in perspective makes sense and in this case a pullback was always going to happen it was of matter of when and how much. I think for the most part the correction is over now but who knows it could keep going down until 10k for all we know.

[rphk]

As the popularity increased in bitcoin and other crypto currencies and demand increased in buying the bitcoins , more investors are investing on it. now bitcoin is in the stage of correction, There are chances that it may go high further  , but may take some time i believe, now we can see it is not falling further ,but staying at that current level.

[cocoliuis999]

Bitcoin is being amended. It takes a little time to accumulate strength, and we all know its explosive force. The trend of the market must be upward now, because now there are lots of new novice admission, and the price will gradually increase at this time.