ALERT:Bitcoin will trade near 5000$ says chief trader.

in mgsc •  6 years ago 

There is only one question on the mind of every cryptocurrency traders at the moment: Where will Bitcoin go from here? According to one expert trader, the outlook does not look promising this summer. 3126802_S.jpg
Bitcoin dropped to a new yearly low of roughly $5750. At the time of this writing, Bitcoin is trading at $6156 — but Jordan Hiscott, Chief Trader at Ayondo Markets, thinks the worst has yet to come.
Hiscott also believes that recent events have played a major part in Bitcoin’s bear market, and will continue to do so.
Meanwhile, CNBC’s Brian Kelly stated last week that this is not the end for Bitcoin.
Finally, Kelly noted that the latest news surrounding the infamous Mt. Gox ‘Bitcoin Whale’ is positive for anyone fearing a major dump from the exchange’s trustee.
Where do you think the low for Bitcoin in 2018?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

100 % possible

i m tired of hearing such kind of news. bitcoin will touch 25000, it will touch 5000... give me a break

But this is the most important update on which we must focus bro

But this is the most
Important update on which
We must focus bro

                 - manishyadav007


I'm a bot. I detect haiku.

What have u detected..I don't understand

I tried to hearing such news like bitcoins

Bitcoin 15 k to 20 k dec. End tak hoga.

Will touch moon soon

gud article

bitcoin will reach soon 50000$ no worrys

Bro i upvt u follow u ,now ur turn to do same for my all blogs

Done

I think it will not rise above 7000$

In my article posted few days back also advised that bitcoin will further go down to $4500-$5000

BTc will touch 20k-25k$ easily

I dont think so..Lets see what happens

Calm, Cool & Relax, it will bounce back.

Very nice

Very important update

The low might be nearly equal to 3 lakh INR per coin

Why we focus on dump.Market will rise vary soon bro.kept positive

Your are right bro,i appreciate your thoughts

It's all around the news but don't know whom to believe. Wish it will recover soon and dip is a chance for investment .

@manishyadav007 I think BTC low point is 5200-5600, if it goes below that even mining will not be profitable & whale will not let it happen.