RE: As it turns out, February 6th was indeed a very important day for Cryptocurrencies!

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As it turns out, February 6th was indeed a very important day for Cryptocurrencies!

in cryptocurrency •  7 years ago 

Indeed it was a great day for crypto! But do you guys think we'll get another major price drop before the end of the month? I believe it is possible and Bitcoin may even reach close to 5k before the real bull run starts.

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  ·  7 years ago (edited)

That is certainly possible. It is not out of the woods yet. This was just the most significant bounce since prices broke that $10k support. If I had to guess, I'd say we saw the lows for the next couple months already, but only with about 70% conviction.