So, as of late Bitcoin has been decreasing gradually in price. A lot of us Bitcoin owners usually at this time either panic at the decline and sell it off, or they rejoice due to the fact that the price is decreasing hopefully due to investors. My question for anyone who reads this thread is... What do you think it will end up doing? Do you think it will continue to decrease? Maybe it will rise! I'm curious to see everyone's predictions, and I'm also curious to see how accurate the end results are.
My prediction is this:
Bitcoin will continue to decline all the way to about $2,000 USD. It will begin to stabilize. The reason it won't crash all of the sudden is due to the amount of investors slowly pouring into Bitcoin, and it's also an exchange sort of thing. People who panic when it drops are selling to people who are buying when it's low, which will make it go back up. After the gradual decrease, it will launch up in numbers like never before until it peaks and repeats this process!
My prediction is this:
Bitcoin will continue to decline all the way to about $2,000 USD. It will begin to stabilize. The reason it won't crash all of the sudden is due to the amount of investors slowly pouring into Bitcoin, and it's also an exchange sort of thing. People who panic when it drops are selling to people who are buying when it's low, which will make it go back up. After the gradual decrease, it will launch up in numbers like never before until it peaks and repeats this process!
Banned forever. Reason: Ban Evading (Names)
keep em coming!
