Respected Bitcoin Analyst Concludes the Fall Below $4,000 Price is a Sign of Capitulation for BTC

in #dlike6 years ago

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Bitcoin is continuing its decline, reaching below the $4,000 mark. Currently, the coin is trading at approximately $3,729 and some are stating that this is a sign of the cryptocurrency’s capitation…


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I could see it falling back to $3,000 levels and then bouncing between 3k - 5k over the next few months. That depends though on a few things such as stock markets adopting it in and how much demand there is for it. I don't think adding it to a stock exchange will make that much difference simply because it is easy to buy bitcoin.

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