RE: Bitcoin Hovering around $10k - Whats Next?

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Bitcoin Hovering around $10k - Whats Next?

in cryptocurrency •  7 years ago  (edited)

Recon we are in a bear pennant, my guess is it will drop to $4k within the next 6 months, + the market is just more saturated meaning investors have more choise to invest their cash. Competition might not be a good thing for Bitcoin???

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I think it's the 'competition' that's the key. Bitcoin has some things going gong against it like it's slow transaction speed and high cost. I believe the crypto market as a whole will continue to grow with Bitcoins share of the market decreasing. Interested to see if your prediction of $4k bitcoin come to fruition. We will keep an eye out. Thanks for stopping by and taking the time to comment.