Bitcoin may very well go down to 8k

in #bitcoin7 years ago

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Bitcoin has been going through a crazy ride as of late. It's been hovering the 10-11k range but I believe that it could go even lower. The big resistance point is 8K and I think the "big whales" are going to intentionally tank the market to get all the fake investors, who don't see btc's true value.

After this occurs BTC will go to the moon, I see the next big wave bringing it to 50k which could easily happen by the beginning of June.

We will just have to wait and see but the number one thing to remember is HODL. Crypto is clearly the future of currency and just know that a lot of the FUD is put out there for a reason, simply to tool with peoples emotions. Id buy a lot more at these low levels, remember there are only 20 millionish of these in existence (considering that some of them are lost forever) and when people want them and realize they could no longer acquire them because of the lack of supply, the moon would be an understatement.

KING OF CRYPTO