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Author Topic: BTC will reach $50k this year as predicted?  (Read 2176 times)
Osarman
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October 10, 2018, 12:52:50 PM
 #261

I used to think that bitcoin can do that and I believed in people who kept saying bitcoin will go up in price by that much but not anymore. I do not think bitcoin can reach to 20k let alone 50k it is impossible to me. As long as we have this "short futures" that whales make money by keeping bitcoin low we will not see a big increase.

Back in the day bitcoin price going up was easier because those whales collected bitcoin from low prices and when they had enough they started to buy at once and that created a hype and than the price went up. Now they use less capital to bring the price lower and still make more money from that.



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