Bitcoin Is Headed Lower - For NowsteemCreated with Sketch.

in #crypto • 7 years ago

Bitcoin Is Headed Lower - For Now
Bitcoin, which hit a high of almost $19,000 on December 18, 2017 is headed lower - possibly much lower, for now. This isn't the end of Bitcoin, just a view that in the near term, the price of Bitcoin will continue lower (it may bounce, but the highs are in, for now). It is not the end of cryptocurrencies either, in fact the rise of other cryptocurrencies is part of the reason Bitcoin is due to continue its recent pullback.
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While not a 'perfect storm' for Bitcoin - many factors have aligned against it in recent weeks

#ethereum #bitcoin #blog
7 years ago in #crypto by
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     7 years ago 

    read about this somewhere else too! but bitcoin will probably rise considering only 20% of bitcoins are left to be mined - it's all about the demand & supply after all

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