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27
Bitcoin below 40K (twitter.com)
posted 3 years ago by HopefulSkeptic 3 years ago by HopefulSkeptic +27 / -0
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– FiatLux 5 points 3 years ago +6 / -1

Just watch it - it will go lower and lower I bet close to 20k, see a big selloff, then rocket back past 100k. Wait for the dip and then buy - bitcoin ain't going anywhere, because it's the perfect coin for black-market payments. The inherent value of bitcoin is that it allows large transfers of money around the world in an untraceable format - you don't need to deliver a pallet of cash or a briefcase full of gold bricks - just send the bitcoins.

Anyway that's just one way to look at it IMHO

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▲ 4 ▼
– Greatheart 4 points 3 years ago +4 / -0

I just looked over the chart for Bitcoin. Based on the charts the most likely bottom will be around $25k.

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– deleted 1 point 3 years ago +1 / -0
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– Greatheart 1 point 3 years ago +1 / -0

Yep, Looking closer at the chart 22-23k may be a better number. Good job

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