Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: dragononcrypto on November 29, 2018, 04:24:18 PM
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After falling over 40% this month, Bitcoin is bounced back from the $3,500 area on November 25th, but is this the bottom or will there be further lows?
BTC is currently trading at: $4,225 (US price).
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It looks that way for now, but I think only time will tell. I certainly hope that was the end of the depreciation.
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I also think likewise, we may expect another bull run before the end of this year by my little knowledge in crypto. From the look of things on the current market conditions, Bitcoin might spring a big pump.
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Actually everything can happen at present crypto market condition. It may be gone under $3.5k or can be more of 10k$. So those who are in positive mentality about BTC can be hope for better of BTC rate. No prediction is working last one year in here. So if i say to you 3.5$ is the bottom line it may be false. So keep patience and keep your eyes into crypto industry.
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It's unpredictable as the price can swing in any direction. It's slowly crawling up but it will also down a little. I'm just hoping that more demands will be created to push the price a little higher than we have today.
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Bitcoin is currently trading at $4000+ now that i have checked in coinmarketcap. I think $4000 is the standard price and new target point is $5000 which can be touched in 15th December 2018 and $6000 by the end of December. BTC supply is limited to 2.1 crore, once market is stable, price will bounch back quick.
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Bitcoin may have hit a bottom after all. I just hope we'll finally see a proper rally next week.