RE: Will Bitcoin sink below 2000?

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Will Bitcoin sink below 2000?

in bitcoin •  8 years ago 

It might drop down to the $1.7k - $1.8k range. Sell some now, safely store some in a wallet and keep some on an exchange. That's a good strategy. Always be ready to buy more when it dips. BTC is here to stay. It will grow in the long run.

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Agree with this statement.
Long run: It will be much higher, especially after the improvements provided by segwit2x and BIP 148.
Short run: It will fall down due to the uncertainty of a chain split, hacking, etc. due to segwit2x and BIP 148.