How deep will Bitcoin crash?

7yr ago

https://www.telegraph.co.uk/content/dam/technology/2017/11/30/Bubble-curve-desk-copy2x_trans_NvBQzQNjv4BqqVzuuqpFlyLIwiB6NTmJwReLqbvRIQd_zD6LqEqAwXo.png Bitcoin traded at over USD 20 000 in December 2017. At the time I write this, bitcoin is trading around USD 6700. Many believe the price will go up again, but when? Will that be in some weeks or months or years? And how low will the price get, before it goes up again? Or will it never go up, just down? Please give your opinion in the comments.

Comments

mikey82nl

7yr ago

Interesting subject Cigol. Waking up this morning and checking the numbers is not the best start of the day ;) However considering the technology behind several crypto projects and the potential they have, I am almost certain the prices will go up again. New projects are launched each day and some have more potential than others, so I guess the next gem is yet to come. Unfortunately some patience is needed :)

cigol

7yr ago

Thank you for your comment mikey28nl, and I agree. I am just curious about opinions here regarding how low it will go. I also like opinions when we will see bitcoin trading about usd 10000 again. I think it will probably be in the second half of this year.