Will Bitcoin rally to $16000
This Image has recently gone viral among the crypto community.
This is a price prediction by an anonymous person.
In which the person has mentioned the price targets for the months
- APRIL 2019
- JULY 2019
- OCTOBER 2019
- FEBRUARY 2020
- JULY 2020
- NOVEMBER 2020
The reason this Picture has went viral is because, the first two price targets for April and July 2019 have been pretty accurate.
So the entire crypto community is waiting for $16000 Bitcoin within November 1.
Even though the price action and analysis clearly states that such a increase in price is not likely to happen.
Everyone are Waiting for another pump like the one that took us from $7300 to $10600 few days back.
This may have a Good /Bad impact on the Market Sentiment.
Let's wait and watch.
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