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Author Topic: Will bitcoin come a low price..!?  (Read 217 times)
The_Dark_Knight
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May 10, 2018, 02:24:15 AM
 #61

As we all know that price was blown in an artificial way in the last quarter of the last year and then it resulted in a correction in the first quarter of this year. We were in the correction phase for first 3 to 4 months and then when the price started gaining upward momentum, investors started selling as they were waiting for the opportunity to exit at a good level which resulted in a minor price fall. However, I think we are done with it and now price will start recovering for the rest of the year.
Correct, if you look at the price before the month of December of 2017 you see that the price was close to 11000 and now the current price is close to 9000, which means that almost all the growth that we saw in December was artificial, but the growth that we saw in the previous months was real and that is why the price came back to those levels.
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May 10, 2018, 04:00:20 AM
 #62

It is totally unpredictable.Nobody knows what will the highest price or what will be the lowest price.It totally depends upon the number of investors.We are the one who are responsible for the ups and downs for the market value.Now days many people are selling their coins at low rate and not purchasing new coins because they believe that bitcoin has came to an end which is not true.They are just contributing to the dump.So it is totally unpredictable at what time the thinkinh of a investor changes.But if we compare the present market value with the last weeks value we can see that the prices are increasing.So hopefully it will not came to a low price.
I like when you say bitcoin is unpredictable ever since it was it is. Price may climb and down and so many reason occured why price is down. On the contrary we can't stop people thinking of a negative minds for believing into fuds or news its theirs mindset. Glad those people who have strong hands to hold and believing into bitcoin price that can rise soon.


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