Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on March 18, 2020, 01:01:20 PM

Title: Bitcoin, Gold May Both Hit $1K in Race to the Bottom — Peter Brandt
Post by: newshunter on March 18, 2020, 01:01:20 PM

Bitcoin, Gold May Both Hit $1K in Race to the Bottom — Peter Brandt

Gold and Bitcoin may both end up trying to stay out of three figures, one trader warns in a grim new forecast

Source: Bitcoin, Gold May Both Hit $1K in Race to the Bottom — Peter Brandt (https://cointelegraph.com/news/bitcoin-gold-may-both-hit-1k-in-race-to-the-bottom-peter-brandt)

Would appreciate your opinion about this

Title: Re: Bitcoin, Gold May Both Hit $1K in Race to the Bottom — Peter Brandt
Post by: Senin on March 18, 2020, 07:18:04 PM

I don’t think that everything is so bad. With the beginning of the very fast pace of the spread of coronavirus, people urgently needed money to prepare for protection against this virus. Therefore, they began to sell cryptocurrency. Now for almost a week, bitcoin has stopped and the price is at the level of 5100-5200 dollars. If the whales do not contribute to its further decline, then it is unlikely to fall in price even lower.