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RE: When Will Bitcoin Hit $5,000 Again? Levels to Watch
@forexbrokr Great article!
As a skeptic, I look for the "what ifs" in most everything. Most of us are skeptical but of course bitcoin will get back to $5,000! From there on to $10,000, and beyond. But what if... see there I go again...but seriously, what if it takes a bit to get back over and stay stable over $5,000? I say give it time, maybe tomorrow, maybe next week. It will!
Well if it takes its time rallying, it's probably more healthy than the vertical price action we are seeing now. Like I said, a pullback even to $3000 would keep the bullish trend in tact and would probably be a great long term price movement for further upside.
Keep asking the what ifs mate. Have every single scenario you can think of planned out in your head before you're going into a trade and then you will never be forced into making a rash decision that could cost you some serious money.