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Bitcoin Forum > Economy > Economics > Speculation > Bitcoin went below 7000 USD, it is not known where to stop
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fabiorem
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June 14, 2018, 08:43:26 PM
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$4800 seems the most likely target. Anything above it may lead to bull traps.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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June 14, 2018, 08:58:53 PM
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Quote from: fabiorem on June 14, 2018, 08:43:26 PM
$4800 seems the most likely target. Anything above it may lead to bull traps.


Now the price of bitcoin reaches 6669$ today .This will not  huge as compared to 19,000$.But it is the high for the people who had holding from 6245$.They will get some profit from the raise. But I don't think the price will not reach 4800$.My expectation is bitcoin will reach 7000$.
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