Is a bitcoin worth under 1000K a thing of the past?

in #bitcoin6 years ago


A week ago, Canadian economist and media personality Pierre-Yves McSween said on the air 98.5 Montreal that the price of Bitcoin seemed to followed a "predictable" pattern recently.

Audio (in french)

In short, he said that people would sell and cash out their gains when bitcoin was valued over 10K and would re-buy once bitcoin was under 10K.

While the market was relatively stable, it seems that the market had little belief that bitcoin would climb much over the 10K mark.

Do you think his beliefs or opinions are still valid know that bitcoin has been valued at almost 11K for about a week?

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To the question in your title, my Magic 8-Ball says:

As I see it, yes

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